TMX Group Limited (TSE:X - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$47.46 and traded as high as C$55.68. TMX Group shares last traded at C$54.83, with a volume of 601,567 shares changing hands.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. 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. Scotiabank lifted their price target on TMX Group from C$56.00 to C$58.00 and gave the stock a "sector perform" rating in a research note on Wednesday. TD Securities boosted their price objective on TMX Group from C$49.00 to C$54.00 and gave the stock a "hold" rating in a report on Wednesday, April 30th. CIBC lifted their target price 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, Barclays upped their price target on shares of TMX Group from C$55.00 to C$56.00 in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of C$55.13.
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TMX Group Stock Performance
The stock's 50-day simple moving average is C$51.94 and its 200-day simple moving average is C$47.79. The stock has a market cap of C$15.67 billion, a price-to-earnings ratio of 32.52, a price-to-earnings-growth ratio of 12.65 and a beta of 0.43. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49.
TMX Group Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, March 7th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.42%. This is a boost from TMX Group's previous quarterly dividend of $0.19. The ex-dividend date was Friday, February 21st. TMX Group's dividend payout ratio is presently 42.72%.
TMX Group Company Profile
(
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TMX 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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