Onex (TSE:ONEX) Price Target Raised to C$140.00

Onex (TSE:ONEX) had its price objective lifted by TD Securities from C$134.00 to C$140.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

A number of other research analysts have also commented on the stock. Scotiabank dropped their price objective on shares of Onex from C$145.00 to C$130.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. CIBC reduced their price objective on Onex from C$150.00 to C$130.00 and set an “outperform” rating for the company in a research note on Monday, April 28th.

Onex Trading Up 2.6%

Shares of Onex stock opened at C$105.86 on Monday. The company has a current ratio of 17.51, a quick ratio of 2.41 and a debt-to-equity ratio of 49.85. The company has a fifty day simple moving average of C$96.17 and a 200-day simple moving average of C$105.32. The stock has a market cap of C$5.31 billion, a price-to-earnings ratio of 8.41, a PEG ratio of 1.47 and a beta of 1.53. Onex has a 12-month low of C$85.36 and a 12-month high of C$118.91.

Onex (TSE:ONEX) last released its quarterly earnings results on Friday, May 9th. The company reported C$2.36 EPS for the quarter. Onex had a return on equity of 7.89% and a net margin of 68.42%. On average, equities analysts forecast that Onex will post 0.4443794 EPS for the current fiscal year.

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.