TMX Group (TSE:X) had its target price hoisted by equities research analysts at Deutsche Bank from C$141.00 to C$146.00 in a research note issued to investors on Thursday, BayStreet.CA reports. Deutsche Bank’s price target suggests a potential upside of 12.35% from the stock’s current price.
Several other equities research analysts also recently issued reports on the stock. National Bank Financial boosted their price objective on shares of TMX Group from C$105.00 to C$150.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Royal Bank of Canada boosted their target price on shares of TMX Group from C$133.00 to C$148.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 12th. Finally, BMO Capital Markets boosted their target price on shares of TMX Group from C$140.00 to C$155.00 in a research report on Tuesday, May 12th.
Shares of X stock traded up C$0.61 on Thursday, hitting C$129.95. The company had a trading volume of 134,785 shares, compared to its average volume of 245,483. The stock’s 50-day moving average is C$128.41 and its two-hundred day moving average is C$116.27. The firm has a market cap of $7.53 billion and a P/E ratio of 28.63. TMX Group has a twelve month low of C$84.50 and a twelve month high of C$141.20. The company has a debt-to-equity ratio of 32.75, a quick ratio of 0.01 and a current ratio of 1.00.
In other TMX Group news, Director Sylvie Rheaume sold 5,000 shares of TMX Group stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$125.50, for a total transaction of C$627,500.00. Following the completion of the transaction, the director now directly owns 585,000 shares of the company’s stock, valued at C$73,417,500.
About TMX Group
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 & Clearing; and Equities and Fixed Income Trading and Clearing.
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