TMX Group Limited (TSX:X)
53.58
+1.04 (1.98%)
Aug 24, 2026, 4:00 PM EST
TMX Group Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, TMX Group stock has a consensus rating of "Strong Buy" and an average price target of $65.43. The average 1-year stock price forecast is 22.12% higher than the current stock price, while the lowest is $61.00 (+13.85%) and the highest is $71.00 (+32.51%).
Price Target: $65.43 (+22.12%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for TMX Group stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Initiates $64.50 | Buy | Initiates | $64.50 | +20.38% | Aug 17, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $71.00 → $69.00 | Buy | Maintains | $71.00 → $69.00 | +28.78% | Aug 4, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $68.00 → $71.00 | Buy | Maintains | $68.00 → $71.00 | +32.51% | Aug 3, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $61.00 | Buy | Maintains | $61.00 | +13.85% | Jul 31, 2026 |
| National Bank | National Bank | Buy Upgrades $63.00 | Buy | Upgrades | $63.00 | +17.58% | Jul 27, 2026 |
Financial Forecast
Revenue This Year
1.95B
from 1.72B
Increased by 13.48%
Revenue Next Year
2.21B
from 1.95B
Increased by 13.37%
EPS This Year
2.45
from 2.13
Increased by 15.16%
EPS Next Year
2.72
from 2.45
Increased by 11.05%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.