Recent Research Analysts’ Ratings Updates for TMX Group (X)

A number of firms have modified their ratings and price targets on shares of TMX Group (TSE: X) recently:

• 2/9/2026 – TMX Group had its price target lowered by analysts at Royal Bank Of Canada from C$67.00 to C$64.00. They now have an “outperform” rating on the stock.
• 2/9/2026 – TMX Group had its price target lowered by analysts at Barclays PLC from C$59.00 to C$52.00. They now have an “equal weight” rating on the stock.
• 2/9/2026 – TMX Group had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$64.00 to C$61.00. They now have a “buy” rating on the stock.
• 2/9/2026 – TMX Group was upgraded by analysts at Raymond James Financial, Inc. from a “moderate buy” rating to a “strong-buy” rating. They now have a C$61.00 price target on the stock, up previously from C$59.00.

TMX Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, March 6th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.1%. This is a boost from TMX Group’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Friday, February 20th. TMX Group’s payout ratio is 56.38%.

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.