National Bankshares Boosts TMX Group (TSE:X) Price Target to C$146.00


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TMX Group (TSE:X) had its price objective hoisted by National Bankshares from C$142.00 to C$146.00 in a research report report published on Thursday, BayStreet.CA reports.

Other research analysts have also recently issued reports about the stock. TD Securities boosted their target price on shares of TMX Group from C$140.00 to C$145.00 and gave the company a na rating in a research note on Wednesday, February 10th. National Bank Financial boosted their target price on shares of TMX Group from C$141.00 to C$142.00 and gave the company a sector perform rating in a research note on Tuesday, February 9th. Scotiabank boosted their target price on shares of TMX Group from C$149.00 to C$152.00 and gave the company an outperform rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upped their price target on shares of TMX Group from C$144.00 to C$145.00 and gave the company a hold rating in a research note on Friday, February 19th. Finally, Royal Bank of Canada upped their price target on shares of TMX Group from C$148.00 to C$151.00 and gave the company a sector perform rating in a research note on Tuesday, February 9th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. TMX Group has an average rating of Hold and a consensus price target of C$148.57.

X opened at C$135.23 on Thursday. TMX Group has a 1-year low of C$113.94 and a 1-year high of C$144.97. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 27.86. The company has a market cap of C$7.61 billion and a P/E ratio of 27.54. The company has a fifty day moving average price of C$129.29 and a two-hundred day moving average price of C$128.71.

TMX Group (TSE:X) last released its earnings results on Monday, February 8th. The company reported C$1.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.44 by C($0.01). The business had revenue of C$219.50 million for the quarter, compared to analysts’ expectations of C$216.84 million. On average, research analysts forecast that TMX Group will post 7.009484 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 12th. Investors of record on Friday, February 26th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date was Thursday, February 25th. TMX Group’s payout ratio is currently 55.40%.

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 & Clearing.

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