Onex Co. (TSE:ONEX – Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$94.22 and traded as low as C$90.79. Onex shares last traded at C$92.07, with a volume of 58,332 shares traded.
Analysts Set New Price Targets
ONEX has been the subject of several research reports. TD Securities decreased their target price on Onex from C$115.00 to C$112.00 in a research note on Thursday, April 25th. Royal Bank of Canada raised their price objective on shares of Onex from C$121.00 to C$122.00 in a research report on Friday, August 9th.
Check Out Our Latest Stock Analysis on ONEX
Onex Stock Up 0.2 %
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.
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