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

TMX Group Limited (OTCMKTS:TMXXF) has been given an average recommendation of “Buy” by the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.

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

TMX Group Stock Performance

TMXXF stock opened at $44.14 on Wednesday. The business has a 50 day simple moving average of $39.24 and a 200-day simple moving average of $37.11. TMX Group has a 1 year low of $31.66 and a 1 year high of $44.40.

TMX Group Company Profile

TMX Group is a Canadian financial services and market infrastructure company headquartered in Toronto, Ontario. It operates marketplaces and clearing facilities that support the issuance, trading, clearing and settlement of securities and derivatives, serving companies, investors, financial institutions and other market participants. Through its businesses, TMX Group operates the Toronto Stock Exchange, TSX Venture Exchange and TSX Alpha Exchange, which provide listing and trading services for Canadian and international companies at different stages of development.