Tmx Group Limited (X) Price Target Raised to C$64.00 at Scotiabank

Tmx Group Limited (TSE:X) had its price objective increased by equities researchers at Scotiabank from C$62.00 to C$64.00 in a research note issued to investors on Wednesday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 12.64% from the stock’s current price.

Several other equities analysts also recently issued reports on X. TD Securities raised their price target on shares of Tmx Group Limited from C$62.00 to C$65.00 and gave the company a “hold” rating in a research note on Thursday, August 4th. CIBC lifted their target price on shares of Tmx Group Limited from C$53.00 to C$63.00 in a research note on Saturday, August 6th. Finally, Royal Bank Of Canada lifted their target price on shares of Tmx Group Limited from C$53.00 to C$55.00 and gave the stock an “underperform” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The company currently has an average rating of “Hold” and an average target price of C$56.67.

Shares of Tmx Group Limited (TSE:X) traded up 1.57% during trading on Wednesday, hitting $57.71. 269,126 shares of the stock traded hands. Tmx Group Limited has a 1-year low of $33.30 and a 1-year high of $61.99. The firm has a 50-day moving average of $58.49 and a 200-day moving average of $52.87. The firm’s market capitalization is $3.15 billion.

About Tmx Group Limited

TMX Group, Ltd. is a Canada-based company, which operates cash and derivative markets for multiple asset classes including equities, fixed income and energy. The Company also provides clearing facilities, data products and other services to the international financial community. The Company operates Toronto Stock Exchange and TSX Venture Exchange, TMX Group and TMX Datalinx.

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