IHS Markit (INFO) Rating Reiterated by Royal Bank of Canada

Investment Analysts' Weekly Ratings Updates for IHS Markit (INFO)

Investment Analysts' Weekly Ratings Updates for IHS Markit (INFO)

They now have a $52.00 price objective on the business services provider's stock. Deutsche Bank maintained the shares of INFO in report on Friday, June 16 with "Buy" rating. Wells Fargo & Co dropped their price target on IHS Markit from $52.00 to $50.00 and set an "outperform" rating on the stock in a research note on Wednesday, September 27th. Finally, Goldman Sachs Group initiated coverage on IHS Markit in a report on Wednesday, November 8th. The stock of CSX Corporation (NASDAQ:CSX) has "Buy" rating given on Tuesday, January 9 by RBC Capital Markets.

Tracking some recent stock price action, we can see that IHS Markit Ltd (INFO) recently touched 48.12. Cantor Fitzgerald reissued a "hold" rating and issued a $45.00 target price on shares of IHS Markit in a research report on Tuesday, September 26th. IHS Markit Ltd... had 31 analyst reports since July 14, 2016 according to SRatingsIntel. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock now has an average rating of "Buy" and an average price target of $49.29.

IHS Markit Ltd. (INFO) remained successful in beating the consensus-estimated $0.51 as it actually earned $0.52 per share in its last reported financial results. The company's stock had a trading volume of 3,232,647 shares, compared to its average volume of 2,504,991. IHS Markit has a 12-month low of $37.82 and a 12-month high of $48.53. The company has a market cap of $19,142.89, a price-to-earnings ratio of 47.18, a price-to-earnings-growth ratio of 2.29 and a beta of 0.83. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.44. The business services provider reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.10. IHS Markit had a return on equity of 9.07% and a net margin of 11.58%. The firm had revenue of $944.70 million during the quarter, compared to analysts' expectations of $912.65 million. During the same period in the previous year, the business earned $0.48 earnings per share. During the same quarter in the prior year, the company posted $0.48 earnings per share. equities research analysts predict that IHS Markit will post 1.79 earnings per share for the current year. Institutional investors and hedge funds own 98.94% of the company's stock. State Treasurer State of MI grew its holdings in IHS Markit by 5.7% in the third quarter. BlackRock Inc. now owns 20,763,308 shares of the business services provider's stock valued at $914,415,000 after purchasing an additional 10,593,627 shares in the last quarter.

12/20/2017 - IHS Markit had its "buy" rating reaffirmed by analysts at Royal Bank of Canada. Public Employees Retirement System of OH now owns 570,122 shares of the business services provider's stock valued at $25,131,000 after acquiring an additional 303,900 shares in the last quarter. Vanguard Group Inc. lifted its position in IHS Markit by 23.1% during the 2nd quarter. Atlantic Trust Group LLC grew its holdings in shares of IHS Markit by 458.4% in the third quarter. KS grew its holdings in IHS Markit by 2.7% in the third quarter. Schwab Charles Investment Management Inc. now owns 1,367,137 shares of the business services provider's stock valued at $61,727,000 after acquiring an additional 14,857 shares in the last quarter. Zions Bancorporation purchased a new position in IHS Markit during the 3rd quarter valued at about $126,000.

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IHS Markit Ltd., formerly Markit Ltd., is a provider of critical information and analytics for the major industries, financial markets and governments. The Company's Resources segment offers upstream, midstream, downstream, and power/gas/coal/renewables services. The Resources segment includes its energy and chemicals product offerings.

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