TMX Group (OTCMKTS:TMXXF) Shares Up 1.2% – Still a Buy?

Shares of TMX Group Limited (OTCMKTS:TMXXF) shot up 1.2% during trading on Tuesday . The stock traded as high as $36.1908 and last traded at $36.1908. 227 shares traded hands during trading, a decline of 95% from the average session volume of 4,153 shares. The stock had previously closed at $35.76.

Analysts Set New Price Targets

Several brokerages have commented on TMXXF. BMO Capital Markets restated an “outperform” rating on shares of TMX Group in a report on Wednesday, May 6th. TD Securities reiterated a “buy” rating on shares of TMX Group in a report on Friday, April 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of TMX Group in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

TMX Group Stock Up 1.2%

The stock’s fifty day moving average price is $38.12 and its 200-day moving average price is $36.77.

About TMX Group

TMX Group Limited operates Canada’s premier financial infrastructure that supports capital markets for listing, trading, clearing, settlement and information services. As a holding company, TMX Group’s principal businesses include the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), Montréal Exchange (MX), and Canadian Depository for Securities (CDS). These platforms facilitate equity and derivatives trading, debt issuance, exchange-traded funds and a broad spectrum of structured products.

Through its marketplace operations, TMX Group offers issuers access to public capital, while providing investors with deep liquidity and a diverse range of listed instruments.