TMX Group receives average "Hold" rating, Q4 earnings meet estimates, and BMO Capital Markets upgrades to "Outperform" with C$41.00 price target.

TMX Group (TSE:X), a Canadian operator of exchanges, markets, and clearinghouses, has received an average "Hold" rating from seven brokerage firms covering it. The average 1-year price target is C$36.57. BMO Capital Markets upgraded the stock to "Outperform" and raised its price target to C$41.00. Q4 earnings matched analysts' estimates, and the company recently announced a quarterly dividend of C$0.18 per share.