TMX Group (TSE:X – Get Free Report) had its target price hoisted by stock analysts at Royal Bank of Canada from C$36.00 to C$38.00 in a research note issued on Monday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 4.25% from the stock’s current price.
X has been the topic of several other reports. TD Securities raised their price objective on shares of TMX Group from C$34.00 to C$35.00 and gave the company a “hold” rating in a research report on Wednesday, February 7th. BMO Capital Markets upgraded shares of TMX Group from a “market perform” rating to an “outperform” rating and lifted their price target for the company from C$36.00 to C$41.00 in a report on Monday, March 25th. Barclays lifted their price target on shares of TMX Group from C$35.00 to C$38.00 in a report on Monday, April 8th. CIBC lifted their price target on shares of TMX Group from C$35.00 to C$38.00 in a report on Friday, April 26th. Finally, National Bankshares lifted their price target on shares of TMX Group to C$37.00 and gave the company a “sector perform” rating in a report on Monday, February 5th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, TMX Group currently has a consensus rating of “Hold” and an average price target of C$39.13.
Read Our Latest Research Report on X
TMX Group Stock Down 0.0 %
TMX Group (TSE:X – Get Free Report) last released its quarterly earnings results on Monday, February 5th. The company reported C$0.37 earnings per share for the quarter, hitting the consensus estimate of C$0.37. TMX Group had a net margin of 12.28% and a return on equity of 9.10%. The business had revenue of C$301.50 million for the quarter, compared to the consensus estimate of C$300.05 million. As a group, equities analysts forecast that TMX Group will post 1.6194927 EPS for the current year.
Insider Activity at TMX Group
In other news, Senior Officer Jayakumar Rajarathinam sold 95,750 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of C$33.78, for a total transaction of C$3,234,636.08. In related news, Senior Officer Jayakumar Rajarathinam sold 95,750 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of C$33.78, for a total value of C$3,234,636.08. Also, Senior Officer Luc Fortin sold 15,140 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of C$35.32, for a total value of C$534,744.80. 5.57% of the stock is owned by company insiders.
About TMX Group
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.
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