TMX Group Limited (OTCMKTS:TMXXF) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of TMX Group Limited (OTCMKTS:TMXXF) have received a consensus recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company.

TMXXF has been the topic of a number of recent analyst reports. Scotiabank restated an “outperform” rating on shares of TMX Group in a research report on Monday, August 3rd. Canadian Imperial Bank of Commerce initiated coverage on shares of TMX Group in a research report on Monday, August 17th. They set an “outperform” rating on the stock. Finally, National Bank Financial raised shares of TMX Group from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 27th.

TMX Group Stock Down 0.2%

Shares of TMX Group stock opened at $38.23 on Tuesday. The business has a fifty day simple moving average of $37.97 and a two-hundred day simple moving average of $37.07. TMX Group has a 1 year low of $31.66 and a 1 year high of $41.94.

TMX Group Company Profile

TMX Group Limited is a Canadian financial services company that operates marketplaces, clearinghouses and data businesses supporting capital formation and trading. Its operations serve companies, investors, financial institutions and other market participants in Canada and internationally.

Through its equities businesses, TMX Group operates the Toronto Stock Exchange, TSX Venture Exchange and TSX Alpha Exchange. These marketplaces provide listing and trading services for public companies across a range of industries and stages of development.