TSE:X

TMX Group (X.TO)

49.56
+0.49 (1.00%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
81 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

TMX Group, operating the Montreal Exchange and other trading platforms, is viewed favorably by analysts due to its unique positioning within the financial industry. Acquisitions, including CBOE Canada, have reinforced its market presence, particularly in the mining sector, where it holds significant trade volumes. Despite concerns over potential AI disruptions, experts believe TMX's core operations and data analytics segments will continue to generate steady revenue and dividends. Analysts project upside potential in share price, underpinned by consistent historical growth in dividends and a robust balance sheet, making it an appealing prospect for long-term holders as it navigates current market challenges.

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Consensus
Buy
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Valuation
Fair Value
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Similar
CME
BUY
A consortium of Canadian banks has announced that they are considering putting in a competing product in the next year or two. This would cut into their pricing. This will probably blow over and at this price, it’s not a bad entry point.
COMMENT
$50 is at risk of moving below 200 day moving average and the momentum on the MACD is out of the stock. Be cautious.
SELL
Announcement that the banks were considering setting up an alternative system gave them a scare. It would take away a lot of volume. Have held a monopoly position. Consider taking some profits on part of your holdings.
SELL
Stock missed earnings, when a stock misses earnings, it will tend to do it multiple times.
DON'T BUY
Last year they lowered their fees because they knew they would be getting competition from the banks. Pretty much fully valued now, so can't see where the growth will happen.
BUY ON WEAKNESS
Thinks there's a catalyst coming on this exchange. Feels they will get together with the Montreal exchange over the next couple of years. Buying on a bad day would probably be a good idea.
BUY
Likes the concept of an integration of world exchanges. As the world expands economically, this one cannot go it alone and will have to team up with one or more players. 3% yield.
TOP PICK
One of the best run exchanges in the world, while the P/E is about half. Recent drop of the stock based on news gives a good buying opportunity.
COMMENT
This will do well as long as the market does well. Expect at some point they will do a merger.
TOP PICK
As the world becomes a smaller space in terms of financial activity, more and more attention will be paid to this sector. Of the 10 major exchanges this is the cheapest, 2nd only to NASDAQ. As their earnings increase, he is looking for a 30 X earnings ratio, which would get you to about $70.
SELL
A lot of people have made a lot of money. Capital markets are very popular right now, but would take some money off the table.
DON'T BUY
Can't accept the value of the exchanges at this point. There is great cyclicality in this sector. Relative to financial services, the mid-20 multiple is pretty expensive.
BUY
Have announced they are going to go into a derivatives area in a major way. Expect they will take a shot at the Montreal Stock exchange when it goes public. One of the cheapest exchanges. A good way to play the world market.
BUY
Monopolistic position with no competition. Throws off tremendous excess cash. Very shareholder friendly. He is bullish on equity markets.
DON'T BUY
The best for this one is behind it for now. Canadian Market is very resource oriented and if they start running again, there might be more interest in this, but a number of big cap stocks that generated a lot of trading have been lost.
Showing 196 to 210 of 360 entries