
TSE:ONEX
This summary was created by AI, based on 2 opinions in the last 12 months.
Onex Corp (ONEX-T) has generated a positive sentiment among industry experts, highlighting its resilience amidst a significant sell-off in private equity markets. One expert notes that if investors currently hold shares in Onex, they should consider allowing their investment to compound over time, indicating confidence in the company's long-term potential. Despite a period of stagnation, the stock has recently shown positive momentum, breaking above the $100 mark, which is viewed favorably. Analysts point to Onex's skill in capitalizing on market volatility by acquiring valuable assets, suggesting that the firm effectively leverages its expertise for sustainable growth. Furthermore, with a yield of 0.32% and an analyst price target escalating to $144.00, there is an optimistic outlook for the company's value proposition.
This company has assembled a whole group of companies, which he thinks are worth a whole lot more than they paid for them. They carry them on the balance sheet at cost. Feels we are entering a period in the market where it will be opportune to realize values on these companies either by selling them or by taking them public. Feels the 1st time they spin something out and people realize how much value is sitting there, you are going to see the share price bounce even more than it has.