Brokerages Set TMX Group Limited (TSE:X) PT at C$148.11

TMX Group Limited (TSE:XGet Rating) has earned a consensus rating of “Hold” from the nine ratings firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$148.11.

A number of brokerages recently issued reports on X. Scotiabank upped their price objective on shares of TMX Group from C$150.00 to C$155.00 in a report on Tuesday, August 2nd. Royal Bank of Canada increased their price target on shares of TMX Group from C$159.00 to C$160.00 and gave the company an “outperform” rating in a research note on Friday, July 29th. Haywood Securities reduced their price target on shares of TMX Group to C$138.00 and set a “sector perform” rating on the stock in a research report on Friday, July 22nd. Deutsche Bank Aktiengesellschaft upped their price objective on TMX Group from C$149.00 to C$151.00 in a report on Friday, August 12th. Finally, BMO Capital Markets cut their target price on TMX Group from C$151.00 to C$147.00 in a research note on Tuesday, July 19th.

TMX Group Trading Up 1.0 %

X opened at C$131.60 on Monday. The firm has a market capitalization of C$7.32 billion and a price-to-earnings ratio of 13.96. The company’s 50 day simple moving average is C$130.05 and its two-hundred day simple moving average is C$131.49. TMX Group has a 1-year low of C$121.42 and a 1-year high of C$141.82. The company has a debt-to-equity ratio of 27.67, a current ratio of 1.01 and a quick ratio of 0.01.

TMX Group (TSE:XGet Rating) last released its quarterly earnings data on Thursday, July 28th. The company reported C$1.88 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.73 by C$0.15. The company had revenue of C$286.10 million for the quarter, compared to analyst estimates of C$279.39 million. Analysts expect that TMX Group will post 7.6100004 EPS for the current fiscal year.

TMX Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 26th. Stockholders of record on Friday, August 26th were paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 2.52%. The ex-dividend date was Thursday, August 11th. TMX Group’s payout ratio is presently 34.30%.

TMX Group Company Profile

(Get Rating)

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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Analyst Recommendations for TMX Group (TSE:X)

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