Onex (TSE:ONEX) Price Target Raised to C$150.00

Onex (TSE:ONEX) had its price target lifted by Scotiabank from C$140.00 to C$150.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities research analysts have also issued reports on ONEX. TD Securities lifted their price target on shares of Onex from C$142.00 to C$148.00 and gave the company a “buy” rating in a report on Friday, August 8th. Royal Bank Of Canada set a C$141.00 price target on shares of Onex and gave the company a “sector perform” rating in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$142.25.

Onex Price Performance

Shares of TSE:ONEX opened at C$122.76 on Thursday. The firm has a 50 day moving average of C$117.83 and a 200-day moving average of C$108.07. The stock has a market capitalization of C$8.42 billion, a PE ratio of 16.75, a PEG ratio of 1.47 and a beta of 1.14. The company has a current ratio of 17.51, a quick ratio of 2.41 and a debt-to-equity ratio of 49.85. Onex has a 12 month low of C$86.64 and a 12 month high of C$126.51.

Onex Company Profile

Onex Corporation is a private equity investor and asset management firm. The company operates in two main segments: investing, which includes private equity, private credit, and direct investments; and asset and wealth management, which manages pension plans, sovereign wealth funds, insurance companies, and family offices.