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.

consensus icon
Consensus
Buy
valuation icon
Valuation
Fair Value
review icon
Similar
CME
PAST TOP PICK
(Top Pick Nov 25/10, Up 11.15%) Doesn’t look at it as falling into the hands of London. It could be a good deal. Doesn’t know what the politicians should do. The banks putting together the alpha was really a re-mutualization of the business. The regulators could theoretically block the deal. It could mean longer trading hours, trans-continental listings, exposure of the largest mining and venture capital market to the world.
PAST TOP PICK
(A Top Pick Dec 11/09. Up 41.82%.) Sold his holdings. Trying to figure out the proposed implications of the merger with the London Stock Exchange.
BUY
A great looking chart showing a strong up trend.
TOP PICK
(A Top Pick March 5/09. Up 25.52%.) As a proxy on the economy, you can do far worse. This is the best stock market in the developed world and we have the best economy.
TOP PICK
With changes in pricing and the changes in markets, competition has been stabilized and is starting to diminish. 4.8% yield is supportable. Trading at 11X next year’s earnings. Reasonable dividend growth.
TOP PICK
This is the leading market in Canada. They sell a lot of data to the markets. Some investor relations services. Thinks they look attractive..
COMMENT
PE ratio is about 4%. Being hit by competition but longer term, as the world continues to discover Canada and its resource plays, you are going to have tons of foreign money coming in through this avenue.
PAST TOP PICK
(A Top Pick June 4/09. Down 13.19%.) Still likes.
DON'T BUY
Throttle/Montreal Stock exchange. Have 2 problems. 1) Volumes are much lower than they had been and 2) there is more competition from alternative exchanges. 5% dividend.
DON'T BUY
It is not a good chart. It’s not participating in the bull market. The earnings are not good. Technical analysis says you want to stay away from this thing.
TOP PICK
A recent purchase. It has pulled back because of long term concern over their holding on to their share of the market. But the TSX will remain the preferred exchange. Their derivative trade is expanding. Good dividend that is well covered.
HOLD
Used to be a favourite but sold it last year because of competition from alternative trading systems, which were too strong for them. Dividend yield of well over 5%.
DON'T BUY
Have its problems, not least of which are the banks that are muscling in and handling trades on their own. This also goes up and down with the stock market. Not particularly cheap.
HOLD
Performance has been dismal but looking out 3 years, and looking at better markets, it will participate in the higher trading volumes and revenue producing activities. Yield of 5.07%.
PAST TOP PICK
(Top Pick Mar 23/09, Down 10.99%)
Showing 121 to 135 of 363 entries