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

Onex (TSE:ONEX) had its target price lowered by equities research analysts at TD Securities from C$140.00 to C$137.00 in a report issued on Monday,BayStreet.CA reports. TD Securities’ price objective suggests a potential upside of 31.65% from the company’s current price.

Onex Trading Down 1.6 %

ONEX stock opened at C$104.06 on Monday. Onex has a 1-year low of C$85.36 and a 1-year high of C$118.91. The company has a debt-to-equity ratio of 49.85, a current ratio of 17.51 and a quick ratio of 2.41. The company has a market capitalization of C$5.22 billion, a price-to-earnings ratio of 8.27, a PEG ratio of 1.47 and a beta of 1.53. The business has a 50 day simple moving average of C$111.26 and a two-hundred day simple moving average of C$103.87.

Onex Company Profile

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.