Royal Bank of Canada Boosts Onex (ONEX) Price Target to C$108.00

Onex (TSE:ONEX) had its price target increased by Royal Bank of Canada from C$107.00 to C$108.00 in a research report released on Monday morning. They currently have an outperform rating on the stock.

Other analysts have also recently issued reports about the stock. Canaccord Genuity boosted their price objective on shares of Onex from C$106.00 to C$107.00 in a research note on Monday, February 26th. CIBC lowered their price objective on shares of Onex from C$103.00 to C$98.00 in a research note on Monday, February 26th. BMO Capital Markets set a C$105.00 price objective on shares of Onex and gave the company an outperform rating in a research note on Monday, January 15th. Finally, Scotiabank boosted their price objective on shares of Onex from C$102.00 to C$104.00 and gave the company a sector perform rating in a research note on Monday, February 26th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of C$104.60.

Shares of Onex opened at C$93.27 on Monday, according to MarketBeat.com. Onex has a 52-week low of C$85.60 and a 52-week high of C$106.05.

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 30th. Stockholders of record on Monday, April 30th were paid a dividend of $0.075 per share. The ex-dividend date was Monday, April 9th. This represents a $0.30 annualized dividend and a dividend yield of 0.32%.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.

Analyst Recommendations for Onex (TSE:ONEX)

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