TMX Group Limited (OTCMKTS:TMXXF) Receives Average Recommendation of “Moderate Buy” from Analysts

TMX Group Limited (OTCMKTS:TMXXF) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of TMX Group in a research report on Monday, February 9th. Raymond James Financial upgraded shares of TMX Group from an “outperform” rating to a “strong-buy” rating in a report on Friday, February 6th.

TMX Group Price Performance

OTCMKTS:TMXXF opened at $33.69 on Friday. The firm has a fifty day simple moving average of $35.89 and a 200 day simple moving average of $37.07. TMX Group has a 1-year low of $32.30 and a 1-year high of $42.19.

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.