Royal Bank Of Canada Issues Positive Forecast for TMX Group (TSE:X) Stock Price

TMX Group (TSE:X) had its price objective boosted by Royal Bank Of Canada from C$64.00 to C$65.00 in a research report report published on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Raymond James Financial lifted their target price on shares of TMX Group from C$61.00 to C$61.50 and gave the stock a “strong-buy” rating in a research report on Friday, April 17th. Canaccord Genuity Group cut their target price on shares of TMX Group from C$64.00 to C$61.00 and set a “buy” rating for the company in a research report on Monday, February 9th. Finally, Barclays lifted their price target on shares of TMX Group from C$52.00 to C$59.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$61.61.

TMX Group Trading Down 0.1%

TSE:X opened at C$54.56 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 45.58. TMX Group has a 12 month low of C$44.10 and a 12 month high of C$57.98. The company has a market cap of C$15.17 billion, a PE ratio of 36.62, a price-to-earnings-growth ratio of 12.65 and a beta of -0.35. The company has a 50 day simple moving average of C$48.96 and a two-hundred day simple moving average of C$50.14.

TMX Group (TSE:X) last posted its earnings results on Thursday, February 5th. The company reported C$0.60 EPS for the quarter. TMX Group had a net margin of 14.23% and a return on equity of 8.85%. The business had revenue of C$457.80 million during the quarter. Research analysts forecast that TMX Group will post 1.7708421 earnings per share for the current year.

TMX Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Friday, March 6th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, February 20th. This represents a $0.96 annualized dividend and a dividend yield of 1.8%. This is a boost from TMX Group’s previous quarterly dividend of $0.22. TMX Group’s dividend payout ratio is 56.38%.

More TMX Group News

Here are the key news stories impacting TMX Group this week:

• Positive Sentiment: Acquisition expands TMX’s footprint into Australia and Canada, adding trading venues, product distribution and incremental revenue streams — a clear growth and diversification play. Cboe Sells Canada And Australia Exchanges To TMX In $300 Million Deal
• Positive Sentiment: Royal Bank of Canada raised its price target to C$65 and kept an “outperform” rating, implying roughly 19% upside — this analyst support can help underpin the stock while the deal is integrated. BayStreet.CA Analyst Ratings
• Neutral Sentiment: Multiple outlets report the deal value with slightly different figures (US$300m vs. CAD$409m) — likely a currency-conversion presentation difference rather than a change in deal economics; investors should watch the official TMX release for exact terms. Canada’s TMX Group in $300m expansion play
• Neutral Sentiment: Broad media coverage (Globe & Mail, MSN, AFR) highlights the strategic angle — international scale and product reach — but doesn’t yet quantify near-term revenue or cost synergies; details on integration plans and timeline will matter. TMX Group buying Cboe Australia and Cboe Canada for $409 million
• Negative Sentiment: Acquisition and integration risk: the purchase price and any financing could pressure margins or leverage in the near term, and cross-border regulatory approvals or integration costs could create execution risk. Investors should watch disclosures on funding, estimated synergies and timing. TMX to buy Cboe’s Australia, Canada units

About TMX Group

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.