Onex (TSE:ONEX) Given a C$141.00 Price Target at Royal Bank Of Canada

Onex (TSE:ONEX) has been given a C$141.00 price target by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 15.99% from the company’s current price.

A number of other equities analysts have also recently commented on ONEX. TD Securities lifted their price objective on shares of Onex from C$142.00 to C$148.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Scotiabank increased their price objective on shares of Onex from C$135.00 to C$140.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$142.25.

Onex Trading Up 0.8%

Onex stock opened at C$121.56 on Wednesday. The company has a debt-to-equity ratio of 49.85, a quick ratio of 2.41 and a current ratio of 17.51. The stock has a 50-day simple moving average of C$117.64 and a 200 day simple moving average of C$107.83. The stock has a market capitalization of C$8.34 billion, a P/E ratio of 16.58, a PEG ratio of 1.47 and a beta of 1.14. Onex has a 52 week low of C$86.64 and a 52 week high of C$126.51.

Onex Company Profile

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.