Onex (TSE:ONEX) Given New C$160.00 Price Target at TD Securities

Onex (TSE:ONEX) had its target price dropped by stock analysts at TD Securities from C$165.00 to C$160.00 in a research note issued to investors on Monday,BayStreet.CA reports. TD Securities’ price target indicates a potential upside of 43.70% from the stock’s current price.

ONEX has been the subject of several other research reports. Royal Bank Of Canada set a C$141.00 price target on Onex and gave the stock a “sector perform” rating in a research report on Wednesday, October 1st. Scotiabank lifted their target price on shares of Onex from C$153.00 to C$175.00 in a report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$151.50.

Onex Stock Down 3.3%

ONEX stock traded down C$3.77 on Monday, reaching C$111.34. 111,754 shares of the company traded hands, compared to its average volume of 140,850. The firm has a fifty day simple moving average of C$120.37 and a 200-day simple moving average of C$112.68. The company has a market cap of C$7.64 billion, a P/E ratio of 15.19, a price-to-earnings-growth ratio of 1.47 and a beta of 1.14. Onex has a one year low of C$86.64 and a one year high of C$131.38. The company has a debt-to-equity ratio of 49.85, a current ratio of 17.51 and a quick ratio of 2.41.

About Onex

Onex Corporation is a private equity investor and asset management firm. The company operates in two main segments: investing, which includes private equity, private credit, and direct investments; and asset and wealth management, which manages pension plans, sovereign wealth funds, insurance companies, and family offices.