TD Securities Has Lowered Expectations for Onex (TSE:ONEX) Stock Price

Onex (TSE:ONEX) had its price target dropped by investment analysts at TD Securities from C$140.00 to C$137.00 in a research note issued to investors on Monday,BayStreet.CA reports. TD Securities’ price target would suggest a potential upside of 27.05% from the stock’s current price.

Onex Trading Up 2.7 %

TSE:ONEX traded up C$2.81 on Monday, reaching C$107.83. The company’s stock had a trading volume of 78,018 shares, compared to its average volume of 90,801. The firm has a market cap of C$5.40 billion, a PE ratio of 8.57, a PEG ratio of 1.47 and a beta of 1.53. The company has a debt-to-equity ratio of 49.85, a quick ratio of 2.41 and a current ratio of 17.51. The business’s 50-day moving average price is C$111.60 and its two-hundred day moving average price is C$103.74. Onex has a 1-year low of C$85.36 and a 1-year high of C$118.91.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, upper-middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.