Onex (TSE:ONEX) Upgraded by TD Securities to Buy Rating

TD Securities upgraded shares of Onex (TSE:ONEX) from a hold rating to a buy rating in a report released on Tuesday,BayStreet.CA reports. The firm currently has C$140.00 target price on the stock, up from their previous target price of C$111.00.

Onex Stock Performance

Shares of ONEX opened at C$110.35 on Tuesday. The company has a market capitalization of C$8.41 billion, a PE ratio of 7.87, a P/E/G ratio of 1.47 and a beta of 1.53. Onex has a 52-week low of C$85.36 and a 52-week high of C$118.91. The company has a 50-day simple moving average of C$107.92 and a 200-day simple moving average of C$98.90. The company has a quick ratio of 2.41, a current ratio of 3.62 and a debt-to-equity ratio of 0.54.

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.