IHS Markit (NASDAQ:INFO) Rating Reconfirmed
New York: In a research note published on Wednesday, 28 June, RBC Capital restate their Outperform rating on shares of Ihs Markit (NASDAQ:INFO). They currently have a $50.0 target on the firm. RBC Capital’s target would suggest a potential upside of 10.20 % from the company’s previous stock close.
NASDAQ:INFO is at the moment trading -2.22% lower at $45.37 as of 10:09 PM New York time. IHS Markit’s stock is 0% over the last 200 days. It has underperformed the S&P 500 Index, which has added 6.00% over the same time period.
IHS Markit (NASDAQ:INFO) Profile
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.
IHS Markit (NASDAQ:INFO) traded down -2.22% on 28 June, hitting $45.37. A total of shares of the company’s stock traded hands. This is down from average of 5.84 million shares. IHS Markit has a 52 week low of $30.38 and a 52 week high of $47.92. The company has a market cap of $18.40 billion and a P/E ratio of 82.49.
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The post IHS Markit (NASDAQ:INFO) Outperform Rating Reiterated at RBC Capital; The Price Target is Set to $50.0 appeared first on Octafinance.