Tmx Group Limited (X) Lifted to Outperform at National Bank Financial
National Bank Financial upgraded shares of Tmx Group Limited (TSE:X) from a sector perform rating to an outperform rating in a report released on Monday. The firm currently has C$79.00 price target on the stock, up from their previous price target of C$76.00. National Bank Financial also issued estimates for Tmx Group Limited’s FY2018 earnings at $5.21 EPS and FY2019 earnings at $5.41 EPS.
Several other analysts also recently issued reports on the stock. TD Securities reduced their price target on shares of Tmx Group Limited from C$83.00 to C$82.00 and set a buy rating on the stock in a report on Wednesday, August 9th. Scotiabank reaffirmed a sector perform rating and issued a C$71.00 price target on shares of Tmx Group Limited in a report on Tuesday, July 25th. BMO Capital Markets reaffirmed a market perform rating and issued a C$70.00 price target on shares of Tmx Group Limited in a report on Friday, September 8th. CIBC raised shares of Tmx Group Limited from a neutral rating to an outperform rating in a report on Monday. Finally, Royal Bank Of Canada upped their price target on shares of Tmx Group Limited from C$74.00 to C$75.00 and gave the company a sector perform rating in a report on Monday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Tmx Group Limited presently has an average rating of Buy and an average price target of C$76.00.
About Tmx Group Limited
TMX Group Limited operates exchanges, markets, and clearing houses primarily for capital markets in Canada. It operates in six segments: Market Insights; Capital Formation; Derivatives Trading & Clearing; Equities and Fixed Income Trading & Clearing; Energy Trading & Clearing; and Market Solutions.
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