Does ONEX Corporation Have Any Gas After Today’s Huge Increase?


The stock of ONEX Corporation (TSE:OCX) is a huge mover today! About 39,998 shares traded hands. ONEX Corporation (TSE:OCX) has declined 0.91% since February 5, 2016 and is downtrending. It has underperformed by 17.39% the S&P500.
The move comes after 8 months positive chart setup for the $8.29 billion company. It was reported on Sep, 13 by We have $117.02 PT which if reached, will make TSE:OCX worth $3.81B more.

Out of 4 analysts covering Onex Corporation (TSE:OCX), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $95 is the highest target while $81 is the lowest. The $86.30 average target is 7.67% above today’s ($80.15) stock price. Onex Corporation has been the topic of 10 analyst reports since October 23, 2015 according to StockzIntelligence Inc.

Onex Corporation is a private equity firm. The company has a market cap of $8.29 billion. The Firm operates in eight divisions: Electronics Manufacturing Services, Healthcare Imaging, Health and Human Services, Building Products, Insurance Services, Packaging Products and Services, Credit Strategies, and Other Businesses. It currently has negative earnings. The Company’s Other businesses include aerospace automation, tooling and components, aircraft leasing and management, business services/tradeshows, restaurants, hospital management services, survival equipment and plastics processing equipment.

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