Onex (TSE:ONEX) Raised to “Buy” at TD Securities

TD Securities upgraded shares of Onex (TSE:ONEX) from a hold rating to a buy rating in a research note published on Tuesday morning,BayStreet.CA reports. They currently have C$140.00 price objective on the stock, up from their previous price objective of C$111.00.

Onex Stock Up 1.0 %

Shares of TSE ONEX opened at C$110.35 on Tuesday. The firm has a market cap of C$8.41 billion, a P/E ratio of 7.87, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.41 and a current ratio of 3.62. Onex has a 1 year low of C$85.36 and a 1 year high of C$118.91. The firm’s 50 day moving average price is C$107.92 and its 200 day moving average price is C$98.90.

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.