TSE:X

TMX Group (X.TO)

45.34
-0.08 (0.17%)
as of Jun 26, 2026, 5:49:04 pm Market Open.
81 watching
0
Investor Insights
star iconJun 26, 2026, 12:00 am

This summary was created by AI, based on 17 opinions in the last 12 months.

TMX Group, symbol X-T, is viewed favorably by several experts for its potential value, despite recent market downturns. Analysts appreciate its unique position in the financial industry as a comprehensive trading platform providing recurring revenue streams, especially from derivatives and data analytics, which contribute significantly to its growth. While some express concerns about the impact of AI and competition in the market, the overall risks appear to be overstated given TMX's role as a toll road in the capital markets and strong historical performance. The company's solid financials, including consistent dividend growth and a healthy balance sheet, suggest it is well-positioned for the future. With analysts offering price targets ranging from $61.00 to $63.07, there is a prevailing optimism regarding TMX's potential upside despite the short-term volatility.

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Consensus
Buy
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Valuation
Fair Value
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CME
BUY
Theoretically the Maple bid is coming through at the end of January giving $33 a share in cash, which they say is worth $55 and the stock is trading under $45. Looks okay.
SELL
Tender shares and see what happens.
COMMENT
Interesting in that the London exchange pulled out when they didn’t get enough votes. Stock is trading at a big discount to the Maple bid of around $50 indicating some doubt that the bid will go through.
DON'T BUY
Has probably outperform the market in the last month or two but a lot of it is pretty much priced in right now. Doesn't see the value in this one right now.
DON'T BUY
There are concerns that the takeover deal may not close. The offer that is on the table will be taking back some stock and there are questions about the valuation. Competition could come into Canada.
PAST TOP PICK
(Top Pick Aug 25/10, Up 48.17%) he took is profits and ran. It ran up more than he anticipating. He took his money off the table. Going forward he would not be running to buy it until the Maple Group issue is resolved. Doesn’t see the value in the deal.
TOP PICK
Maple will get done or not and you will finish up with a good dividend and stay with something that is propped up by the bid for a couple of months.
BUY
The LSE is gone. TMX is a good revenue generator. Will continue to do well, grow and pay out big dividends as long as the stock markets remains strong.
COMMENT
He has a model price of $50, a 13% upside.
COMMENT
Doesn't think there will be another bidder coming in, which just leaves the Maple group. The question is, can they sell to the shareholders that they can create better value. A tough call but the market seems to indicate it is not going through.
HOLD
Two offers are on the table. He is biased and would prefer them going global through joining the LSE. If you own, continue to Hold to see if you get a higher offer.
WATCH
How would a merger with the London exchange affect the dividend? Current dividend is 3.67%. Good question. He is not sure but is not in favour of the Maple deal.
PAST TOP PICK
(A Top Pick June 2/10. Up 65.46%.) Sold his holdings at around $42.
TOP PICK
Has some safety to it because of the proposed deal with London. Tricky that they are calling it a merger of equals and he thinks it should include another deal such as Australia.
DON'T BUY
There is an issue on the question on whether the merger will go through. They are consolidating because it’s and industry that has relatively thin margins and very competitive. There are better places to be.
Showing 106 to 120 of 363 entries