The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksMediumUpdated•Originally published 17 April 2026•Updated 17 April 2026•

1 min read

TD Securities Raises TMX Group Target to C$63.00 Amid Record Trading Growth

Key Facts

1Raymond James increased the price target for TMX Group to C$61.50 and maintained a 'strong-buy' rating.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: Updated the story to reflect TD Securities upgrading the price target to C$63.00 and incorporating robust March 2026 operational trading data.

TD Securities has upgraded TMX Group Limited to a 'Buy' rating and increased its price target to C$63.00 from C$60.00, following robust operational performance. This upgrade coincides with the release of March 2026 trading statistics, which showed equity volumes exceeding 19 billion shares with a total value of $502.80 billion. Year-to-date trading value has surged by 46% to reach $1.36 trillion compared to the same period in 2025, highlighting significant market momentum. Notably, the TSX Venture Exchange saw its trading value skyrocket by 298.9% during this period. These developments, combined with Raymond James's previous 'strong-buy' rating, underscore a highly bullish outlook for the TSE:X ticker. Analysts point to the record-breaking trading activity as a primary driver for the company's sustained financial growth and market leadership.