TMX Group Limited (OTCMKTS:TMXXF) Given Average Recommendation of “Buy” by Brokerages

TMX Group Limited (OTCMKTS:TMXXF) has earned an average recommendation of “Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have recently commented on TMXXF shares. National Bank Financial upgraded TMX Group from a “sector perform” rating to an “outperform” rating in a report on Monday, July 27th. TD Securities reissued a “buy” rating on shares of TMX Group in a report on Friday, April 17th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of TMX Group in a research note on Thursday, April 23rd. Scotiabank reissued an “outperform” rating on shares of TMX Group in a research report on Monday. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of TMX Group in a research note on Wednesday, May 6th.

TMX Group Stock Performance

TMX Group stock remained flat at $36.81 during trading on Monday. The company had a trading volume of 77,680 shares, compared to its average volume of 33,611. The firm’s 50-day moving average price is $35.23 and its 200 day moving average price is $36.13. TMX Group has a 52-week low of $31.66 and a 52-week high of $41.95.

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.