TD Securities reaffirmed their buy rating on shares of TMX Group (TSE:X) in a research report sent to investors on Monday morning, Analyst Ratings Network reports. TD Securities currently has a C$155.00 price objective on the stock, up from their previous price objective of C$145.00.
X has been the topic of a number of other reports. National Bank Financial boosted their target price on TMX Group to C$146.00 and gave the stock a sector perform rating in a research report on Thursday, April 15th. Royal Bank of Canada boosted their price target on TMX Group from C$148.00 to C$151.00 and gave the stock a sector perform rating in a report on Tuesday, February 9th. Deutsche Bank Aktiengesellschaft boosted their price target on TMX Group from C$144.00 to C$145.00 and gave the stock a hold rating in a report on Friday, February 19th. Scotiabank boosted their price target on TMX Group from C$149.00 to C$152.00 and gave the stock an outperform rating in a report on Wednesday, April 14th. Finally, National Bankshares upped their target price on TMX Group from C$142.00 to C$146.00 and gave the company a sector perform rating in a research note on Thursday, April 15th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. TMX Group currently has a consensus rating of Hold and an average target price of C$150.00.
X opened at C$135.34 on Monday. The firm has a market cap of C$7.62 billion and a price-to-earnings ratio of 27.56. TMX Group has a 52 week low of C$120.13 and a 52 week high of C$144.97. The business’s 50 day moving average is C$133.90 and its two-hundred day moving average is C$128.74. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 27.86.
TMX Group (TSE:X) last announced its earnings results on Monday, February 8th. The company reported C$1.43 earnings per share for the quarter, missing the consensus estimate of C$1.44 by C($0.01). The business had revenue of C$219.50 million during the quarter, compared to the consensus estimate of C$216.84 million. Equities analysts expect that TMX Group will post 7 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 12th. Shareholders of record on Friday, February 26th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend was Thursday, February 25th. TMX Group’s dividend payout ratio (DPR) is presently 55.40%.
TMX Group Company Profile
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing.
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