In a new note to investors yesterday, an analyst has provided a rating update for ONEX Corporation (ONEX). Scotiabank’s analyst Phil Hardie reiterates their Hold rating on the shares, with a C$102 price target.
According to TipRanks.com, Hardie is a 2-star analyst with an average return of 0.4% and a 45.2% success rate. Hardie covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Alaris Royalty Corp, and Element Financial.
Currently, the analyst consensus on ONEX Corporation is a Moderate Buy with an average price target of C$106.33.
ONEX Corporation’s market cap is currently C$7.53B and has a P/E ratio of 0. The company has a Price to Book ratio of 3.10.
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$75.22, close to its 52-week low of C$74.03.
