Onex (TSE:ONEX) Price Target Raised to C$140.00

Onex (TSE:ONEX - Get Free Report) had its price objective raised by research analysts at TD Securities from C$134.00 to C$140.00 in a report issued on Monday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' price target indicates a potential upside of 33.70% from the stock's current price.

Other analysts have also issued research reports about the company. Scotiabank reduced their target price on Onex from C$145.00 to C$130.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. CIBC reduced their target price on Onex from C$150.00 to C$130.00 and set an "outperform" rating for the company in a report on Monday, April 28th.

Onex Price Performance

Shares of TSE:ONEX traded up C$0.17 on Monday, reaching C$104.71. 200,292 shares of the company traded hands, compared to its average volume of 150,037. Onex has a fifty-two week low of C$85.36 and a fifty-two week high of C$118.91. The company's 50 day moving average is C$96.60 and its 200-day moving average is C$105.53. The stock has a market capitalization of C$5.25 billion, a PE ratio of 8.32, a P/E/G ratio of 1.47 and a beta of 1.53. The company has a debt-to-equity ratio of 49.85, a current ratio of 17.51 and a quick ratio of 2.41.

Onex (TSE:ONEX - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The company reported C$2.36 EPS for the quarter. Onex had a return on equity of 7.89% and a net margin of 68.42%. As a group, analysts anticipate that Onex will post 0.4443794 earnings per share for the current fiscal year.

About Onex

Onex Corporation is a private equity investor and asset management firm. The company operates in two main segments: investing, which includes private equity, private credit, and direct investments; and asset and wealth management, which manages pension plans, sovereign wealth funds, insurance companies, and family offices.