ONEX Corporation (ONEX) Receives a Hold from Scotiabank


In a new note to investors yesterday, an analyst has provided a rating update for ONEX Corporation (ONEX). Analyst Phil Hardie from Scotiabank remains neutral on the stock and has a C$98 price target.

According to TipRanks.com, Hardie is ranked #1443 out of 5233 analysts.

ONEX Corporation has an analyst consensus of Moderate Buy, with a price target consensus of C$95.80, which is a 22.0% upside from current levels. In a report issued on March 1, CIBC also reiterated a Hold rating on the stock with a C$90 price target.

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ONEX Corporation’s market cap is currently C$8.02B and has a P/E ratio of 0. The company has a Price to Book ratio of 3.30.

ONEX Corp. operates as a private equity company which invests in other industries. The company operates through followings: Electronics Manufacturing Services, Healthcare Imaging and Health & Human Services. The Electronics Manufacturing Services segment consists of the business of Celestica Inc. and its subsidiaries.

The company’s shares closed on Tuesday at C$78.55.

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