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Onex (TSE:ONEX) PT Lowered to C$115.00 at Royal Bank of Canada

Onex (TSE:ONEX - Get Free Report) had its target price decreased by equities research analysts at Royal Bank of Canada from C$119.00 to C$115.00 in a report released on Monday, BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Royal Bank of Canada's price target suggests a potential upside of 19.44% from the stock's current price.

ONEX has been the subject of a number of other reports. TD Securities decreased their price objective on Onex from C$115.00 to C$112.00 in a research note on Thursday, April 25th. Scotiabank lifted their price target on shares of Onex from C$125.00 to C$129.00 and gave the stock an "outperform" rating in a report on Monday, February 26th.

View Our Latest Report on Onex

Onex Price Performance

Shares of TSE:ONEX traded up C$0.95 on Monday, reaching C$96.28. The company's stock had a trading volume of 132,610 shares, compared to its average volume of 91,952. The company has a market cap of C$7.45 billion, a P/E ratio of 10.54, a PEG ratio of 1.47 and a beta of 1.56. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.41 and a current ratio of 2.96. The company has a 50-day simple moving average of C$99.49 and a 200 day simple moving average of C$95.62. Onex has a 52-week low of C$59.13 and a 52-week high of C$107.28.

About Onex

(Get Free Report)

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, upper-middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.

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