TD Securities Reiterates a Buy Rating on TMX Group Limited (X)


In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, TMX Group Limited (TSX: X). The company received a Buy yesterday from TD Securities’ analyst Graham Ryding, with a C$98 price target.

Ryding has an average return of 16.8% when recommending TMX Group Limited.

According to TipRanks.com, Ryding is ranked #641 out of 4850 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TMX Group Limited with a C$95.75 average price target.

The company has a one-year high of C$89.85 and a one-year low of C$64.81. Currently, TMX Group Limited has an average volume of 94.12K.

TMX Group Ltd. operates cash and derivative markets for multiple asset classes including equities, fixed income and energy. The company provides clearing facilities, data products and other services to the international financial community.

The company’s shares closed on Thursday at C$88.67, close to its 52-week high of C$89.85.

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