Brokers Offer Predictions for Tmx Group Limited’s FY2018 Earnings (X)

Tmx Group Limited (TSE:X) – Equities research analysts at National Bank Financial lowered their FY2018 earnings per share (EPS) estimates for shares of Tmx Group in a research note issued to investors on Monday. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $5.19 per share for the year, down from their previous forecast of $5.21. National Bank Financial has a “Outperform” rating and a $83.00 price objective on the stock. National Bank Financial also issued estimates for Tmx Group’s FY2019 earnings at $5.39 EPS.

Other equities research analysts have also issued research reports about the stock. Scotiabank lifted their target price on shares of Tmx Group from C$73.00 to C$76.00 and gave the company a “sector perform” rating in a research note on Monday, October 30th. CIBC lifted their price target on shares of Tmx Group from C$79.00 to C$84.00 in a research report on Monday, November 13th. Royal Bank of Canada lifted their price target on shares of Tmx Group from C$74.00 to C$75.00 and gave the company a “sector perform” rating in a research report on Monday, October 30th. Finally, BMO Capital Markets reissued a “market perform” rating and set a C$70.00 price target on shares of Tmx Group in a research report on Friday, September 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$78.83.

Shares of Tmx Group (TSE X) traded down C$0.37 during trading on Thursday, reaching C$70.50. 32,700 shares of the company’s stock were exchanged, compared to its average volume of 92,071. The company has a market cap of $3,920.00, a price-to-earnings ratio of 19.69 and a beta of 0.29. Tmx Group has a 1-year low of C$64.81 and a 1-year high of C$79.90.

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About Tmx Group

TMX Group Limited operates exchanges, markets, and clearing houses primarily for capital markets in Canada. It operates in six segments: Market Insights; Capital Formation; Derivatives Trading & Clearing; Equities and Fixed Income Trading & Clearing; Energy Trading & Clearing; and Market Solutions.

Earnings History and Estimates for Tmx Group (TSE:X)

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