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

Shares of TMX Group Limited (OTCMKTS:TMXXF) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

TMXXF has been the subject of several research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of TMX Group in a report on Monday, February 9th. Raymond James Financial upgraded TMX Group from an “outperform” rating to a “strong-buy” rating in a report on Friday, February 6th.

TMX Group Stock Performance

TMXXF stock opened at $39.12 on Monday. The firm has a 50 day simple moving average of $34.99 and a 200 day simple moving average of $36.19. TMX Group has a 52 week low of $32.30 and a 52 week high of $42.19.

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.