RBC Dominion Securities lowers price targets on TMX Group and Trisura Group
RBC Dominion Securities cut its price targets on TMX Group to C$67.00 and on Trisura Group to C$54.00, keeping Trisura at Outperform.
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what happened
RBC Dominion Securities lowered its price target on TMX Group Ltd. to C$67.00 per share from C$69.00.
The same brokerage reduced its target on Trisura Group Ltd. to C$54.00 from C$60.00, while maintaining its Outperform rating on the insurer's shares.
why it matters
Target changes reflect analysts' updated estimates of fair value rather than trading signals, yet a cut from a major brokerage can weigh on investor sentiment, so it is worth comparing with each company's upcoming quarterly results.
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prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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