Onex (TSE:ONEX) Given New C$122.00 Price Target at Royal Bank of Canada

Onex (TSE:ONEX) had its target price upped by investment analysts at Royal Bank of Canada from C$121.00 to C$122.00 in a research note issued on Friday, MarketBeat Ratings reports. Royal Bank of Canada’s price target points to a potential upside of 34.07% from the company’s previous close.

Separately, TD Securities reduced their price objective on Onex from C$115.00 to C$112.00 in a research note on Thursday, April 25th.

Onex Trading Up 0.0 %

Shares of ONEX traded up C$0.02 during trading hours on Friday, hitting C$91.00. The stock had a trading volume of 4,000 shares, compared to its average volume of 102,032. Onex has a 12-month low of C$74.37 and a 12-month high of C$107.28. The firm has a market cap of C$6.99 billion, a P/E ratio of 6.83, a P/E/G ratio of 1.47 and a beta of 1.54. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.41 and a current ratio of 3.98. The company’s fifty day simple moving average is C$94.61 and its 200 day simple moving average is C$97.85.

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.