Onex (TSE:ONEX) Upgraded to Buy at TD Securities

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

Onex Stock Performance

Shares of ONEX stock opened at C$114.02 on Monday. The company has a quick ratio of 2.41, a current ratio of 3.62 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average of C$109.30 and a 200 day moving average of C$99.44. The firm has a market capitalization of C$8.68 billion, a price-to-earnings ratio of 8.13, a PEG 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.

About Onex

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.