Onex (TSE:ONEX) Upgraded at TD Securities

TD Securities upgraded shares of Onex (TSE:ONEX) from a hold rating to a buy rating in a report issued on Monday morning,BayStreet.CA reports. TD Securities currently has C$140.00 target price on the stock, up from their previous target price of C$111.00.

Separately, Royal Bank of Canada raised their target price on shares of Onex from C$121.00 to C$122.00 in a research note on Friday, August 9th.

Onex Trading Up 0.1 %

TSE:ONEX opened at C$115.28 on Monday. The company has a current ratio of 3.62, a quick ratio of 2.41 and a debt-to-equity ratio of 0.54. The stock’s 50 day simple moving average is C$97.73 and its 200-day simple moving average is C$96.23. Onex has a 12-month low of C$85.36 and a 12-month high of C$118.91. The firm has a market cap of C$8.78 billion, a P/E ratio of 8.21, a PEG ratio of 1.47 and a beta of 1.53.

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.