TSX:XCapital Markets
TMX Group (TSX:X) Valuation Check After Recent Pullback and Year-to-Date Share Price Gains
TMX Group (TSX:X) has had an interesting stretch lately, with the stock up about 15% this year but slipping roughly 6% over the past 3 months, leaving investors rechecking their expectations.
See our latest analysis for TMX Group.
The recent pullback largely reflects investors cooling on exchange operators after a strong run, even though TMX’s year-to-date share price return remains solid and its multi-year total shareholder returns point to durable, if slower building, momentum.
If TMX’s...