It is more of a defensive position with a bit more yield on it. It is like a monopoly. Their company, Trayport, which does energy trading and has some growth. There has been some consolidation in their space and they are trading at a material discount to their peers. They report earnings tonight. (Analysts’ price target is $126.86)
It is more of a defensive position with a bit more yield on it. It is like a monopoly. Their company, Trayport, which does energy trading and has some growth. There has been some consolidation in their space and they are trading at a material discount to their peers. They report earnings tonight. (Analysts’ price target is $126.86)
They're doing amazing by transforming their business by doing data analytics, which is more recurring revenues. Also, 30% of revenues are outside Canada. They're trading at a deep discount to other stock exchange providers. 2.8% dividend. Great management. This stock is undervalued. (Analysts’ price target is $96.20)
They're doing amazing by transforming their business by doing data analytics, which is more recurring revenues. Also, 30% of revenues are outside Canada. They're trading at a deep discount to other stock exchange providers. 2.8% dividend. Great management. This stock is undervalued. (Analysts’ price target is $96.20)
Owns the TSX. But more importantly. They are branching off to the subscription services for data. Very undervalued. New management has done a wonderful job.
Owns the TSX. But more importantly. They are branching off to the subscription services for data. Very undervalued. New management has done a wonderful job.
Would you buy this for the long term? For sure. Core holding for his clients. The Toronto Stock Exchange. Involved in derivatives and selling data. It is exciting that they bought in Europe a company called Trailed Corp which is called the Bloomberg of the commodities trading. It gives them diversification outside of Canada which it is very good for them. Valuation is very reasonable.
Would you buy this for the long term? For sure. Core holding for his clients. The Toronto Stock Exchange. Involved in derivatives and selling data. It is exciting that they bought in Europe a company called Trailed Corp which is called the Bloomberg of the commodities trading. It gives them diversification outside of Canada which it is very good for them. Valuation is very reasonable.
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 4
TMX Group is a Canadian stock, trading under the symbol X-T on the Toronto Stock Exchange (X-CT). It is usually referred to as TSX:X or X-T
In the last year, 4 stock analysts published opinions about X-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for TMX Group.
TMX Group was recommended as a Top Pick by Barry Schwartz on 2020-02-14. Read the latest stock experts ratings for TMX Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered TMX Group In the last year. It is a trending stock that is worth watching.
On 2020-04-03, TMX Group (X-T) stock closed at a price of $104.05.
