Onex (TSE:ONEX) Price Target Cut to C$130.00 by Analysts at CIBC

by · The Cerbat Gem

Onex (TSE:ONEX – Get Free Report) had its target price cut by research analysts at CIBC from C$150.00 to C$130.00 in a report issued on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s price target would suggest a potential upside of 35.70% from the stock’s current price.

A number of other equities analysts also recently issued reports on the company. TD Securities decreased their price objective on Onex from C$140.00 to C$137.00 in a report on Monday, February 24th. Scotiabank reduced their price target on shares of Onex from C$145.00 to C$130.00 and set an “outperform” rating for the company in a research report on Thursday.

Read Our Latest Analysis on ONEX

Onex Trading Up 0.0 %

Shares of TSE:ONEX traded up C$0.01 on Monday, hitting C$95.80. The company had a trading volume of 61,506 shares, compared to its average volume of 142,408. Onex has a 1 year low of C$85.36 and a 1 year high of C$118.91. The firm’s 50-day simple moving average is C$97.40 and its two-hundred day simple moving average is C$105.19. The company has a quick ratio of 2.41, a current ratio of 17.51 and a debt-to-equity ratio of 49.85. The firm has a market capitalization of C$4.80 billion, a price-to-earnings ratio of 7.61, a P/E/G ratio of 1.47 and a beta of 1.53.

About Onex

(Get Free Report)

Onex Corporation is a private equity investor and asset management firm. The company operates in two main segments: investing, which includes private equity, private credit, and direct investments; and asset and wealth management, which manages pension plans, sovereign wealth funds, insurance companies, and family offices.

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