Royal Bank of Canada Boosts Onex (ONEX) Price Target to C$108.00

Onex (TSE:ONEX) had its target price lifted by Royal Bank of Canada from C$107.00 to C$108.00 in a research report released on Monday morning. They currently have an outperform rating on the stock.

Several other research analysts also recently issued reports on ONEX. Canaccord Genuity lifted their price objective on Onex from C$106.00 to C$107.00 in a research report on Monday, February 26th. Scotiabank lifted their price objective on Onex from C$102.00 to C$104.00 and gave the stock a sector perform rating in a research report on Monday, February 26th. CIBC cut their price objective on Onex from C$103.00 to C$98.00 in a research report on Monday, February 26th. Finally, BMO Capital Markets set a C$105.00 price objective on Onex and gave the stock an outperform rating in a research report on Monday, January 15th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of C$104.60.

Shares of Onex stock opened at C$93.27 on Monday. Onex has a 1 year low of C$85.60 and a 1 year high of C$106.05.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 30th. Shareholders of record on Monday, April 30th were issued a $0.075 dividend. The ex-dividend date was Monday, April 9th. This represents a $0.30 annualized dividend and a yield of 0.32%.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- 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.

Analyst Recommendations for Onex (TSE:ONEX)

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