TMX Group Limited (TMXXF) – What Are Analysts Saying About This Stock?

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

Several research analysts have commented on the stock. National Bank Financial raised shares of TMX Group from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 27th. Canadian Imperial Bank of Commerce began coverage on shares of TMX Group in a report on Monday, August 17th. They set an “outperform” rating on the stock. Finally, Scotiabank reaffirmed an “outperform” rating on shares of TMX Group in a report on Monday, August 3rd.

TMX Group Price Performance

Shares of OTCMKTS TMXXF opened at $41.31 on Friday. TMX Group has a 52-week low of $31.66 and a 52-week high of $41.94. The firm’s 50-day moving average price is $38.29 and its 200-day moving average price is $37.37.

About TMX Group

TMX Group Limited is a Canadian financial markets infrastructure company that operates marketplaces, clearinghouses, depositories and market-data businesses. Its principal markets include Toronto Stock Exchange (TSX), TSX Venture Exchange, TSX Alpha Exchange and Montréal Exchange. These platforms support the listing and trading of equities, fixed-income products, derivatives and other financial instruments.

Through its clearing and settlement businesses, including Canadian Derivatives Clearing Corporation and CDS Clearing and Depository Services, TMX Group provides clearing, settlement, custody and depository services for Canadian capital markets.