TMX Group Limited (TSE:X - Get Free Report) has earned an average rating of "Hold" from the six brokerages that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$55.13.
A number of equities research analysts recently weighed in on X shares. CIBC raised their target price on shares of TMX Group from C$55.00 to C$57.00 and gave the company a "neutral" rating in a research note on Monday, April 28th. TD Securities raised their price objective on shares of TMX Group from C$49.00 to C$54.00 and gave the company a "hold" rating in a research report on Wednesday, April 30th. Raymond James raised shares of TMX Group to a "moderate buy" rating in a report on Wednesday, May 28th. National Bankshares increased their target price on TMX Group from C$50.00 to C$55.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 30th. Finally, Canaccord Genuity Group raised 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 Stock Performance
Shares of TSE:X traded up C$0.01 during trading on Friday, hitting C$55.83. 312,690 shares of the company were exchanged, compared to its average volume of 518,446. TMX Group has a 52-week low of C$35.89 and a 52-week high of C$56.91. The stock has a 50 day moving average of C$53.34 and a 200 day moving average of C$49.22. The company has a debt-to-equity ratio of 47.49, a current ratio of 1.01 and a quick ratio of 0.01. The company has a market cap of C$15.53 billion, a PE ratio of 32.23, a P/E/G ratio of 12.65 and a beta of 0.43.
TMX Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, June 6th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.80 annualized dividend and a yield of 1.43%. TMX Group's payout ratio is 42.72%.
About TMX Group
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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
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