Shares of TMX Group Limited (TSE:X - Get Free Report) have earned an average recommendation of "Hold" from the six research firms that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$55.13.
X has been the subject of several analyst reports. National Bankshares boosted their target price on TMX Group from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research report on Wednesday, April 30th. BMO Capital Markets raised their target price on shares of TMX Group from C$55.00 to C$57.00 in a report on Tuesday, April 15th. TD Securities upped their price objective on TMX Group from C$49.00 to C$54.00 and gave the company a "hold" rating in a research note on Wednesday, April 30th. CIBC raised their price objective on shares of TMX Group from C$55.00 to C$57.00 and gave the stock a "neutral" rating in a research report on Monday, April 28th. Finally, Canaccord Genuity Group increased their price target on TMX Group from C$52.00 to C$58.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th.
Check Out Our Latest Research Report on TMX Group
TMX Group Price Performance
Shares of TSE:X traded down C$0.23 on Thursday, reaching C$56.64. 353,632 shares of the company traded hands, compared to its average volume of 508,737. The company's 50 day moving average is C$55.23 and its 200-day moving average is C$50.51. The stock has a market capitalization of C$15.75 billion, a PE ratio of 32.70, a P/E/G ratio of 12.65 and a beta of 0.43. The company has a debt-to-equity ratio of 47.49, a current ratio of 1.01 and a quick ratio of 0.01. TMX Group has a fifty-two week low of C$37.68 and a fifty-two week high of C$57.35.
TMX Group Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, June 6th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Friday, May 23rd. TMX Group's dividend payout ratio (DPR) is currently 42.72%.
About TMX Group
(
Get Free ReportTMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.
Further Reading
Before you consider TMX Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TMX Group wasn't on the list.
While TMX Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
