Tmx Group Limited Forecasted to Earn FY2017 Earnings of $4.48 Per Share (X)

Tmx Group Limited (TSE:X) – Equities research analysts at National Bank Financial cut their FY2017 earnings per share (EPS) estimates for shares of Tmx Group in a report released on Wednesday. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $4.48 per share for the year, down from their previous forecast of $4.55. National Bank Financial currently has a “Outperform” rating and a $83.00 target price on the stock. National Bank Financial also issued estimates for Tmx Group’s Q4 2017 earnings at $1.07 EPS, FY2018 earnings at $5.11 EPS and FY2019 earnings at $5.32 EPS.

Other equities analysts have also recently issued research reports about the stock. Scotiabank raised their target price on shares of Tmx Group from C$73.00 to C$76.00 and gave the stock a “sector perform” rating in a report on Monday, October 30th. CIBC raised their target price on shares of Tmx Group from C$79.00 to C$84.00 in a report on Monday, November 13th. Finally, Royal Bank of Canada raised their target price on shares of Tmx Group from C$74.00 to C$75.00 and gave the stock a “sector perform” rating in a report on Monday, October 30th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of C$78.83.

Tmx Group (TSE X) opened at C$71.59 on Friday. Tmx Group has a twelve month low of C$64.81 and a twelve month high of C$79.90. The stock has a market cap of $3,960.00, a PE ratio of 19.97 and a beta of 0.29.

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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.

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