TMX Group (TSE:X) Price Target Raised to C$75.00

Posted by George Bondi on Nov 5th, 2026

TMX Group (TSE:X – Free Report) had its target price hoisted by Royal Bank Of Canada from C$67.00 to C$75.00 in a report published on Monday morning,BayStreet reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on X. RBC Dominion Securities decreased their price target on shares of TMX Group from C$69.00 to C$67.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Canaccord Genuity Group increased their price objective on shares of TMX Group from C$64.00 to C$65.00 and gave the company a “buy” rating in a research note on Wednesday, October 14th. Barclays raised their price objective on shares of TMX Group from C$58.00 to C$59.00 in a report on Thursday, July 9th. National Bank Financial raised their price objective on shares of TMX Group from C$64.00 to C$67.00 and gave the stock an “outperform” rating in a report on Wednesday, October 28th. Finally, Raymond James Financial lifted their target price on shares of TMX Group from C$64.50 to C$69.00 and gave the company a “strong-buy” rating in a research report on Friday, October 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$67.25.

View Our Latest Research Report on TMX Group

TMX Group Price Performance

Shares of TSE:X opened at C$60.97 on Monday. TMX Group has a 1-year low of C$44.10 and a 1-year high of C$62.57. The firm has a market capitalization of C$16.77 billion, a PE ratio of 28.76, a PEG ratio of 12.65 and a beta of -0.17. The business’s 50 day moving average is C$54.57 and its 200-day moving average is C$51.33. The company has a current ratio of 10.13, a quick ratio of 0.01 and a debt-to-equity ratio of 57.61.

TMX Group (TSE:X – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported C$0.63 EPS for the quarter. The business had revenue of C$491.10 million during the quarter. TMX Group had a return on equity of 3.71% and a net margin of 30.56%. Sell-side analysts predict that TMX Group will post 1.77 earnings per share for the current year.

TMX Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 27th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.04 dividend on an annualized basis and a yield of 1.7%. TMX Group’s payout ratio is currently 45.28%.

Insider Buying and Selling

In other news, insider Cheryl Graden sold 17,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of C$54.14, for a total transaction of C$920,380.00. Insiders sold a total of 41,735 shares of company stock valued at $2,268,124 over the last quarter. 1.15% of the stock is currently owned by insiders.

TMX Group Company Profile

(Get Free Report)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.