The Globe and Mail reports in its Tuesday edition that RBC Capital Markets analyst Geoffrey Kwan is sticking with his "sector perform" recommendation for Onex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kwan hiked his share target ahead by $10 to $112. Analysts on average target the shares at $113. Mr. Kwan says in a note: "While the fundraising environment remains challenging, particularly for Onex's Flagship Fund, Onex Partners, we think Onex has taken numerous positive steps this year to create value for shareholders such as significant share buybacks, monetizing assets (e.g., Celestica, Ryan Specialty, ASM, etc.) and deploying capital. While we think Onex's shares are attractively valued, we think a more favorable industry environment facilitating greater monetization activity which could then help fundraising activity, would be a positive catalyst for the shares." The Globe reported on Feb. 28 that Mr. Kwan was keeping his "sector perform" recommendation for Onex intact. Onex shares could then be had for $72.96. The Globe reported on Sept. 29 that Scotia Capital analyst Phil Hardie had reaffirmed his "sector outperform" recommendation for Onex when it could be had for $79.83.