TMX Group Limited (OTCMKTS:TMXXF) Stock Rated “Buy” by Wall Street Analysts

Shares of TMX Group Limited (OTCMKTS:TMXXF) have received a consensus recommendation of “Buy” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.

A number of equities research analysts have issued reports on TMXXF shares. Canadian Imperial Bank of Commerce started coverage on TMX Group in a research note on Monday, August 17th. They set an “outperform” rating for the company. Scotiabank reiterated an “outperform” rating on shares of TMX Group in a research note on Monday, August 3rd. Finally, National Bank Financial raised shares of TMX Group from a “sector perform” rating to an “outperform” rating in a report on Monday, July 27th.

TMX Group Trading Up 0.0%

Shares of TMX Group stock opened at $38.32 on Tuesday. TMX Group has a twelve month low of $31.66 and a twelve month high of $41.94. The company has a 50-day simple moving average of $37.92 and a two-hundred day simple moving average of $37.02.

TMX Group Company Profile

TMX Group Limited is a Canadian financial services company that operates marketplaces, clearinghouses and data businesses supporting capital formation and trading. Its operations serve companies, investors, financial institutions and other market participants in Canada and internationally.

Through its equities businesses, TMX Group operates the Toronto Stock Exchange, TSX Venture Exchange and TSX Alpha Exchange. These marketplaces provide listing and trading services for public companies across a range of industries and stages of development.