Morgan Stanley Analysts Give IHS Markit (INFO) a $45.00 Price Target
Morgan Stanley set a $45.00 target price on IHS Markit (NASDAQ:INFO) in a research report report published on Tuesday morning. The firm currently has a sell rating on the business services provider’s stock.
Other equities research analysts have also issued reports about the company. BidaskClub upgraded IHS Markit from a hold rating to a buy rating in a research note on Tuesday, December 4th. Bank of America initiated coverage on IHS Markit in a research note on Tuesday, October 23rd. They set a buy rating and a $63.00 price target for the company. SunTrust Banks upped their price target on IHS Markit to $66.00 and gave the stock a buy rating in a research note on Wednesday, September 26th. They noted that the move was a valuation call. Zacks Investment Research upgraded IHS Markit from a hold rating to a buy rating and set a $61.00 price target for the company in a research note on Tuesday, September 25th. Finally, Stifel Nicolaus upped their target price on IHS Markit from $54.00 to $57.00 and gave the stock a hold rating in a research report on Wednesday, September 26th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company. IHS Markit currently has a consensus rating of Buy and an average target price of $58.33.
IHS Markit stock traded down $0.20 during trading on Tuesday, hitting $49.69. The company’s stock had a trading volume of 68,601 shares, compared to its average volume of 2,518,617. The firm has a market capitalization of $19.55 billion, a P/E ratio of 29.58, a PEG ratio of 2.12 and a beta of 0.81. IHS Markit has a 1-year low of $43.07 and a 1-year high of $55.99. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.62.
IHS Markit Company Profile
IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The company's information, analytics, and solutions enhance operational efficiency and offer deep insights for customers in business, finance, and government.
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