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TMX Group - X Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$44.81
  • Forecasted Upside: 2.36%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$43.78 As of 11/20/2024 01:00 AM ET
▲ +0.31 (0.71%)

This chart shows the closing price for X by one month, three months, or twelve months.

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Analyst Price Target for X

Analyst Price Target is C$44.81
▲ +2.36% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for TMX Group in the last 3 months. The average price target is C$44.81, with a high forecast of C$50.00 and a low forecast of C$42.00. The average price target represents a 2.36% upside from the last price of C$43.78.

This chart shows the closing price for X for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 contributing investment analysts is to hold stock in TMX Group. This rating has held steady since November 2022, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/1/2024BMO Capital MarketsBoost TargetC$46.00 ➝ C$50.00
10/31/2024CIBCBoost TargetC$43.00 ➝ C$46.00
10/30/2024National BanksharesBoost TargetSector PerformC$43.00 ➝ C$44.00
10/28/2024TD SecuritiesBoost TargetHoldC$42.00 ➝ C$43.00
10/10/2024BMO Capital MarketsBoost TargetC$44.00 ➝ C$46.00
8/2/2024BarclaysBoost TargetC$40.00 ➝ C$42.00
8/1/2024Royal Bank of CanadaBoost TargetOutperformC$44.00 ➝ C$46.00
8/1/2024TD SecuritiesBoost TargetHoldC$41.00 ➝ C$42.00
7/29/2024National BanksharesBoost TargetSector PerformC$40.00 ➝ C$43.00
7/24/2024ScotiabankBoost TargetC$39.00 ➝ C$43.50
7/22/2024TD SecuritiesBoost TargetHoldC$37.00 ➝ C$41.00
7/19/2024CIBCBoost TargetC$40.00 ➝ C$43.00
7/10/2024BarclaysBoost TargetC$38.00 ➝ C$40.00
7/10/2024BMO Capital MarketsBoost TargetC$42.00 ➝ C$44.00
5/6/2024BMO Capital MarketsBoost TargetC$41.00 ➝ C$42.00
5/6/2024TD SecuritiesBoost TargetHoldC$35.00 ➝ C$37.00
5/5/2024Royal Bank of CanadaLower TargetSector PerformC$40.00 ➝ C$39.00
5/3/2024CIBCBoost TargetNeutralC$38.00 ➝ C$40.00
4/30/2024ScotiabankBoost TargetSector PerformC$38.00 ➝ C$39.00
4/30/2024National BanksharesBoost TargetSector PerformC$37.00 ➝ C$40.00
4/29/2024Royal Bank of CanadaBoost TargetSector PerformC$36.00 ➝ C$38.00
4/26/2024Canaccord Genuity GroupSet TargetBuyC$44.00
4/26/2024CIBCBoost TargetC$35.00 ➝ C$38.00
4/8/2024BarclaysBoost TargetC$35.00 ➝ C$38.00
3/25/2024BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$36.00 ➝ C$41.00
2/7/2024CIBCBoost TargetNeutralC$34.00 ➝ C$35.00
2/7/2024BMO Capital MarketsBoost TargetMarket PerformC$35.00 ➝ C$36.00
2/7/2024ScotiabankBoost TargetSector PerformC$36.00 ➝ C$38.00
2/7/2024TD SecuritiesBoost TargetHoldC$34.00 ➝ C$35.00
2/6/2024Royal Bank of CanadaBoost TargetSector PerformC$34.00 ➝ C$36.00
2/5/2024National BanksharesBoost TargetSector PerformC$37.00
1/31/2024ScotiabankBoost TargetSector PerformC$36.00
1/19/2024TD SecuritiesBoost TargetHoldC$34.00
1/11/2024BMO Capital MarketsBoost TargetMarket PerformC$35.00
1/8/2024BarclaysBoost TargetC$34.00
12/18/2023Royal Bank of CanadaBoost TargetSector PerformC$34.00
12/15/2023ScotiabankBoost TargetSector PerformC$35.00
12/15/2023CIBCBoost TargetNeutralC$34.00
11/1/2023BarclaysLower TargetEqual WeightC$31.00
11/1/2023CIBCLower TargetNeutralC$32.00
7/25/2023Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
5/4/2023ScotiabankBoost TargetC$159.00 ➝ C$161.00
5/3/2023BMO Capital MarketsBoost TargetC$155.00 ➝ C$158.00
5/3/2023TD SecuritiesBoost TargetHoldC$145.00 ➝ C$150.00
5/2/2023CIBCBoost TargetC$140.00 ➝ C$150.00
5/2/2023National BanksharesBoost TargetSector PerformC$148.00 ➝ C$152.00
4/28/2023ScotiabankLower TargetC$160.00 ➝ C$159.00
4/11/2023BMO Capital MarketsBoost TargetC$153.00 ➝ C$155.00
2/8/2023Deutsche Bank AktiengesellschaftLower TargetC$145.00 ➝ C$143.00
2/8/2023TD SecuritiesDowngradeBuy ➝ HoldC$150.00 ➝ C$145.00
2/7/2023National BanksharesLower TargetSector PerformC$150.00 ➝ C$148.00
2/7/2023Royal Bank of CanadaLower TargetC$173.00 ➝ C$168.00
2/7/2023ScotiabankLower TargetC$164.00 ➝ C$160.00
2/3/2023TD SecuritiesLower TargetBuyC$155.00 ➝ C$150.00
1/25/2023ScotiabankLower TargetC$165.00 ➝ C$164.00
11/15/2022Deutsche Bank AktiengesellschaftBoost TargetC$143.00 ➝ C$145.00
10/28/2022ScotiabankBoost TargetC$155.00 ➝ C$165.00
10/28/2022TD SecuritiesLower TargetBuyC$160.00 ➝ C$155.00
10/26/2022National BanksharesBoost TargetC$143.00 ➝ C$148.00
10/14/2022BMO Capital MarketsBoost TargetC$147.00 ➝ C$149.00
10/12/2022Deutsche Bank AktiengesellschaftLower TargetC$151.00 ➝ C$147.00
8/12/2022Deutsche Bank AktiengesellschaftBoost TargetC$149.00 ➝ C$151.00
8/2/2022ScotiabankBoost TargetC$150.00 ➝ C$155.00
7/29/2022National BanksharesBoost TargetSector PerformC$138.00 ➝ C$143.00
7/29/2022Royal Bank of CanadaBoost TargetOutperformC$159.00 ➝ C$160.00
7/22/2022Haywood SecuritiesLower TargetSector PerformC$138.00
7/21/2022National BanksharesLower TargetSector PerformC$141.00 ➝ C$138.00
7/19/2022BMO Capital MarketsLower TargetC$151.00 ➝ C$147.00
7/13/2022Deutsche Bank AktiengesellschaftLower TargetC$150.00 ➝ C$148.00
5/19/2022Deutsche Bank AktiengesellschaftBoost TargetC$148.00 ➝ C$150.00
5/4/2022BMO Capital MarketsBoost TargetC$150.00 ➝ C$151.00
5/4/2022Deutsche Bank AktiengesellschaftLower TargetC$152.00 ➝ C$148.00
5/4/2022ScotiabankBoost TargetC$148.00 ➝ C$152.00
5/4/2022TD SecuritiesBoost TargetBuyC$155.00 ➝ C$160.00
5/3/2022Royal Bank of CanadaBoost TargetOutperformC$163.00 ➝ C$165.00
5/3/2022National BanksharesBoost TargetSector PerformC$139.00 ➝ C$141.00
4/25/2022Royal Bank of CanadaUpgradeSector Perform ➝ BuyC$151.00 ➝ C$163.00
4/7/2022Deutsche Bank AktiengesellschaftBoost TargetC$145.00 ➝ C$152.00
2/10/2022BMO Capital MarketsLower TargetC$157.00 ➝ C$150.00
2/10/2022ScotiabankLower TargetC$150.00 ➝ C$148.00
2/9/2022National Bank FinancialLower TargetSector PerformC$139.00
2/8/2022National BanksharesLower TargetSector PerformC$147.00 ➝ C$139.00
2/8/2022Royal Bank of CanadaLower TargetSector PerformC$157.00 ➝ C$151.00
2/4/2022ScotiabankLower TargetC$154.00 ➝ C$150.00
2/2/2022TD SecuritiesLower TargetBuyC$160.00 ➝ C$155.00
1/26/2022CIBCLower TargetC$145.00 ➝ C$140.00
1/14/2022National Bank FinancialLower TargetSector PerformC$147.00
1/14/2022National BanksharesLower TargetSector PerformC$154.00 ➝ C$147.00
12/17/2021Deutsche Bank AktiengesellschaftBoost TargetStrong-BuyC$151.00 ➝ C$152.00
11/19/2021Deutsche Bank AktiengesellschaftLower TargetC$152.00 ➝ C$151.00
11/10/2021ScotiabankDowngradeHoldC$153.00
11/9/2021Royal Bank of CanadaLower TargetSector PerformC$159.00 ➝ C$157.00
10/27/2021ScotiabankBoost TargetC$155.00 ➝ C$157.00
10/22/2021National BanksharesBoost TargetSector PerformC$152.00 ➝ C$154.00
10/14/2021Deutsche Bank AktiengesellschaftReiterated RatingStrong-Buy
10/12/2021Deutsche Bank AktiengesellschaftLower TargetNAC$162.00 ➝ C$155.00
8/11/2021Deutsche Bank AktiengesellschaftBoost TargetC$162.00
8/6/2021TD SecuritiesBoost TargetBuyC$155.00 ➝ C$160.00
8/5/2021National Bank FinancialBoost TargetSector PerformC$152.00
8/5/2021National BanksharesBoost TargetSector PerformC$148.00 ➝ C$152.00
8/5/2021Royal Bank of CanadaBoost TargetSector PerformC$158.00 ➝ C$159.00
8/5/2021CIBCBoost TargetNeutralC$140.00 ➝ C$145.00
7/23/2021Royal Bank of CanadaSet TargetC$152.00 ➝ C$158.00
7/16/2021CIBCLower TargetNAC$145.00 ➝ C$140.00
7/16/2021ScotiabankBoost TargetC$151.00 ➝ C$155.00
7/14/2021National Bank FinancialBoost TargetSector PerformC$148.00
7/14/2021National BanksharesBoost TargetSector PerformC$147.00 ➝ C$148.00
7/12/2021Deutsche Bank AktiengesellschaftBoost TargetStrong-BuyC$149.00 ➝ C$150.00
5/13/2021ScotiabankLower TargetC$152.00 ➝ C$151.00
5/12/2021National Bank FinancialBoost TargetSector PerformC$147.00
5/12/2021National BanksharesBoost TargetSector PerformC$146.00 ➝ C$147.00
5/12/2021CIBCBoost TargetNeutralC$140.00 ➝ C$145.00
5/3/2021TD SecuritiesReiterated RatingBuyC$145.00 ➝ C$155.00
4/15/2021National Bank FinancialBoost TargetSector PerformC$146.00
4/15/2021National BanksharesBoost TargetSector PerformC$142.00 ➝ C$146.00
4/14/2021ScotiabankBoost TargetOutperformC$149.00 ➝ C$152.00
2/19/2021Deutsche Bank AktiengesellschaftBoost TargetHoldC$144.00 ➝ C$145.00
2/10/2021Deutsche Bank AktiengesellschaftReiterated RatingHoldC$141.00 ➝ C$144.00
2/10/2021ScotiabankBoost TargetC$148.00 ➝ C$149.00
2/10/2021TD SecuritiesBoost TargetHold ➝ NAC$140.00 ➝ C$145.00
2/9/2021National Bank FinancialBoost TargetSector PerformC$141.00 ➝ C$142.00
2/9/2021Royal Bank of CanadaBoost TargetSector PerformC$148.00 ➝ C$151.00
2/3/2021ScotiabankLower TargetC$152.00 ➝ C$148.00
2/3/2021TD SecuritiesBoost TargetHoldC$135.00 ➝ C$140.00
11/11/2020Deutsche Bank AktiengesellschaftBoost TargetC$150.00 ➝ C$162.00
11/11/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$150.00 ➝ C$141.00
11/5/2020National Bank FinancialLower TargetOutperform ➝ Sector PerformC$150.00 ➝ C$141.00
10/15/2020ScotiabankBoost TargetC$150.00 ➝ C$160.00
8/18/2020Deutsche Bank AktiengesellschaftBoost TargetC$148.00 ➝ C$149.00
7/17/2020Royal Bank of CanadaBoost TargetC$148.00 ➝ C$150.00
7/16/2020TD SecuritiesBoost TargetHoldC$130.00 ➝ C$135.00
7/9/2020Deutsche Bank AktiengesellschaftLower TargetC$146.00 ➝ C$143.00
6/11/2020Deutsche Bank AktiengesellschaftBoost TargetC$141.00 ➝ C$146.00
5/17/2020Deutsche Bank AktiengesellschaftLower TargetC$146.00 ➝ C$141.00
5/12/2020BMO Capital MarketsBoost TargetC$140.00 ➝ C$155.00
5/12/2020National Bank FinancialBoost TargetOutperformC$105.00 ➝ C$150.00
5/12/2020Royal Bank of CanadaBoost TargetSector PerformC$133.00 ➝ C$148.00
3/24/2020National Bank FinancialLower TargetOutperformC$135.00 ➝ C$105.00
3/18/2020Deutsche Bank AktiengesellschaftBoost TargetC$129.00 ➝ C$132.00
2/12/2020Deutsche Bank AktiengesellschaftBoost TargetC$127.00 ➝ C$129.00
2/11/2020National Bank FinancialBoost TargetOutperformC$128.00 ➝ C$135.00
2/11/2020TD SecuritiesBoost TargetHoldC$120.00 ➝ C$125.00
1/31/2020CIBCBoost TargetC$123.00 ➝ C$127.00
1/7/2020TD SecuritiesDowngradeBuy ➝ HoldC$120.00
12/5/2019Deutsche Bank AktiengesellschaftReiterated RatingBuyC$121.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.30 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 17 positive mentions
  • 5 negative mentions
  • 4 very negative mentions
Mentions as of
4/24/2024
  • 7 very positive mentions
  • 19 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
5/24/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 6 very positive mentions
  • 20 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
Mentions as of
8/22/2024
  • 3 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 7 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 5 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 5 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

TMX Group logo
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third party analytics to help clients in making trading and investment decisions; and provides solutions to European and global wholesale energy markets for price discovery, trade execution, post-trade transparency, and straight through processing. The Capital Formation segment operates Toronto Stock Exchange, a national stock exchange for the senior equities market; TSX Venture Exchange, a national stock exchange for the public venture equity market; and TSX Trust that provides corporate trust, registrar, transfer agency, and related services to reporting issuers and private companies. The Derivatives Trading & Clearing segment operates Montreal Exchange, a national derivatives exchange; Canadian Derivatives Clearing Corporation, a clearinghouse for options and futures contracts; BOX, a US equity operations market; and various over-the-counter products and fixed income repurchase agreements. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange; CDS Clearing, an automated facility for the clearing and settlement of equities and fixed income transactions, and custody of securities; and provision of fixed income inter-dealer brokerage services. The company was formerly known as Maple Group Acquisition Corporation and changed its name to TMX Group Limited in August 2012. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$43.78
Low: C$43.19
High: C$45.41

50 Day Range

MA: C$43.48
Low: C$42.27
High: C$45.38

52 Week Range

Now: C$43.78
Low: C$28.52
High: C$45.92

Volume

420,171 shs

Average Volume

356,370 shs

Market Capitalization

C$12.15 billion

P/E Ratio

29.78

Dividend Yield

1.73%

Beta

0.43

Frequently Asked Questions

What sell-side analysts currently cover shares of TMX Group?

The following Wall Street research analysts have issued research reports on TMX Group in the last year: Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for X.

What is the current price target for TMX Group?

0 Wall Street analysts have set twelve-month price targets for TMX Group in the last year. Their average twelve-month price target is C$44.81, suggesting a possible upside of 2.4%. BMO Capital Markets has the highest price target set, predicting X will reach C$50.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of C$42.00 for TMX Group in the next year.
View the latest price targets for X.

What is the current consensus analyst rating for TMX Group?

TMX Group currently has 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in X, but not buy more shares or sell existing shares.
View the latest ratings for X.

What other companies compete with TMX Group?

Other companies that are similar to TMX Group include Algoma Steel Group, TerraX Minerals, Siyata Mobile, Cielo Waste Solutions and Altai Resources. Learn More about companies similar to TMX Group.

How do I contact TMX Group's investor relations team?

TMX Group's physical mailing address is 600 Grant St Room 1500, Pittsburgh, Pennsylvania 15219-2800. The company's listed phone number is 416-947-4670. The official website for TMX Group is www.tmx.com. Learn More about contacing TMX Group investor relations.