TMX Group Limited (OTCMKTS:TMXXF) Given Consensus Rating of “Moderate Buy” by Brokerages

TMX Group Limited (OTCMKTS:TMXXF) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

A number of equities analysts have issued reports on TMXXF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of TMX Group in a report on Wednesday, October 29th. Raymond James Financial reiterated an “outperform” rating on shares of TMX Group in a report on Tuesday, October 28th. Finally, TD Securities raised TMX Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 29th.

TMX Group Stock Performance

Shares of OTCMKTS:TMXXF opened at $36.98 on Wednesday. TMX Group has a 12 month low of $30.30 and a 12 month high of $42.19. The company’s fifty day simple moving average is $37.16 and its 200 day simple moving average is $38.12.

TMX Group Company Profile

TMX Group Limited operates Canada’s premier financial infrastructure that supports capital markets for listing, trading, clearing, settlement and information services. As a holding company, TMX Group’s principal businesses include the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), Montréal Exchange (MX), and Canadian Depository for Securities (CDS). These platforms facilitate equity and derivatives trading, debt issuance, exchange-traded funds and a broad spectrum of structured products.

Through its marketplace operations, TMX Group offers issuers access to public capital, while providing investors with deep liquidity and a diverse range of listed instruments.