Analysis: TMX Group Ltd (TSE:X) Stock Target Has Been Increased Today
In a comprehensive report distributed to Clients by Scotia Capital on 11 December, the firm, TMX Group Ltd (TSE:X), had their PT lowered to $50.00. Analusts at present have a solid Sector Perform rating on the stock.
From a total of 3 analysts covering TMX Group Ltd. (TSE:X) stock, 1 rate it a ”Buy”, 1 a “Sell”, and 1 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is $58.50 while the lowest target price is $48. The mean of all analyst targets is $52.90 with a 39.61% above today’s ($37.89) stock price. TMX Group Ltd. was the topic of 9 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. TD Securities downgraded shares on December 9 to “Hold” rating.
Approximately 38,472 shares of stock traded hands. TMX GROUP LIMITED (TSE:X) has declined 29.35% since May 8, 2015 and is downtrending. It has underperformed by 26.33% the S&P500.
According to Zacks Investment Research, “United States Steel manufactures and sells a variety of steel mill products, coke and taconite pellets. Primary steel operations are the Gary (Indiana) Works, the Fairfield (Alabama) Works near Birmingham, the Mon Valley Works ( which includes the Edgar Thomson steelmaking and Irvin finishing operations) on the Monongahela River near Pittsburgh, and U. S. Steel Kosice in the Slovak Republic.” Get a free copy of the Zacks research report on TMX GROUP LIMITED (X).