IHS Markit (NASDAQ:INFO) will release its earnings data before the market opens on Tuesday, January 16th. Analysts expect IHS Markit to post earnings of $0.51 per share for the quarter.
IHS Markit (NASDAQ:INFO) opened at $47.85 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The firm has a market cap of $18,931.48, a PE ratio of 49.84, a PEG ratio of 2.26 and a beta of 0.83. IHS Markit has a 1 year low of $36.73 and a 1 year high of $48.53.
Several brokerages have recently weighed in on INFO. BidaskClub raised shares of IHS Markit from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Zacks Investment Research cut shares of IHS Markit from a “buy” rating to a “hold” rating in a research report on Wednesday. Royal Bank of Canada reissued a “buy” rating and set a $52.00 price target on shares of IHS Markit in a research report on Wednesday, December 20th. SunTrust Banks raised shares of IHS Markit from a “hold” rating to a “buy” rating in a research report on Tuesday, November 28th. Finally, UBS Group lowered their price target on shares of IHS Markit from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. IHS Markit presently has a consensus rating of “Buy” and an average target price of $47.93.
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About IHS Markit
IHS Markit Ltd., formerly Markit Ltd., is a provider of critical information and analytics for the major industries, financial markets and governments. The Company operates through four segments: Resources, Transportation, Consolidated Markets & Solutions (CMS) and Financial Services. The Resources segment includes its energy and chemicals product offerings.
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