TMX Group Limited (OTCMKTS:TMXXF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of TMX Group Limited (OTCMKTS:TMXXF) have received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

Several analysts have weighed in on TMXXF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of TMX Group in a research report on Monday, February 9th. Raymond James Financial raised TMX Group from an “outperform” rating to a “strong-buy” rating in a research report on Friday, February 6th. Finally, TD Securities reaffirmed a “buy” rating on shares of TMX Group in a research report on Friday.

TMX Group Price Performance

TMX Group stock opened at $39.47 on Monday. The stock’s 50 day simple moving average is $35.22 and its two-hundred day simple moving average is $36.20. TMX Group has a fifty-two week low of $32.30 and a fifty-two week high of $42.19.

TMX Group Company Profile

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.