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IHS $2.79

IHS target price
2.79
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IHS Markit
Type
Public
Traded as NASDAQ: INFO
Industry Information Services
Founded 1959
Headquarters London , United Kingdom
Key people
Jerre Stead (CEO IHS Markit) & Lance Uggla (President IHS Markit)
Revenue US$ 2.735 billion (2016)
Operating income
US$ 987.7 million (2016)
Net income
US$ 152.8 million (2016)
Total assets US$ 13.941 billion (2016)
Total equity US$ 8.105 billion (2016)
Number of employees
13,000
Subsidiaries Cambridge Energy Research Associates, Global Insight, Jane's Information Group
Prime Publications Limited
John S. Herold, Inc.
Website ihsmarkit.com

IHS Markit Ltd. (INFO, Information Handling Services Markit) is a company based in London, United Kingdom.

IHS Markit provides information and analysis to support the decision-making process of businesses and governments in industries such as financials markets; aerospace, defense and security; automotive; chemical; energy; maritime and trade; and technology.

The previously announced deal to merge IHS and Markit closed on July 13, 2016.

In 1959, the Rogers Publishing Company, a publisher of technical news magazines, began indexing product catalogs on microfilm. Microfilming allowed catalogs to be updated without the expense of traditional publishing. In 1961, when Rogers was bought by Cahners Publishing, the catalogs division became Information Handling Services (IHS). IHS initially served the aerospace industry. Early clients included Martin Marietta and Convair. The United States Army Missile Command (MICOM) (now a part of the United States Army Aviation and Missile Command (AMCOM)) contracted with IHS to develop a common parts file to be used by contractors designing new products. In the 1980s, with the advent of the personal computer, IHS added electronic databases and full text CD-ROMs to its delivery methods. In the 1990s, IHS embraced the Internet by distributing its information products through online databases. IHS also expanded beyond the aerospace and defense industries to focus on the energy industry, while continuing to serve the automotive, construction, and electronics sectors. In 2005, IHS became a publicly traded company (NYSE: IHS) and changed its name from Information Handling Services to IHS Inc. IHS is classified as belonging to the publications industry. Since that time, IHS continues to grow both organically and through acquisitions adding additional products and services and expanding the list of industries it serves. IHS (NYSE: IHS) and Markit (NASDAQ: MRKT) announced the signing of a definitive agreement under which the companies combined an all-share merger of equals to create a global leader in critical information, analytics and solutions on March 21, 2016. Based on the closing prices of IHS and Markit common stock on March 18, 2016, the implied equity value of the transaction was valued at more than $13 billion. Upon completion of the merger, the combined company was renamed IHS Markit and the headquarters moved from Englewood, Colorado to London, UK. However, certain key operations are still based in Englewood, Colorado.

IHS Markit provides products and services in the following industries:

IHS Markit offers four broad categories of products and services:

IHS analyzes and distributes information on Aerospace, Defense and Security; Automotive; Chemical; Economics & Country Risk; Energy; Finance; Maritime & Trade, Technology, Healthcare & Pharmaceuticals, to customers in more than 150 countries.

IHS distributes technical documents, such as:

IHS develops custom software applications that integrate IHS information databases with their clients’ in-house management software applications, such as:

IHS provides consulting services across a wide array of industries, including Aerospace, Defense and Security; Automotive; Chemical; Economics & Country Risk; Energy; Finance; Maritime & Trade, Technology, Healthcare & Pharmaceuticals, drawing on expertise from acquired companies such as: CERA, Jane’s, Herold, iSuppli, Global Insight, Polk, Carfax, JOC, and Fairplay.

IHS has embarked on an aggressive acquisition program in the last several years, acquiring the following companies, among others:

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-18 Future report Set alerts
Q2 2022 2022-08-16 -0.53 -0.53
Q1 2022 2022-05-17 0.05 0.05
Q4 2021 2022-03-15 -0.23 -0.23
Q3 2021 2021-11-16 -0.11 -0.11

Ratings

2016-06-30 Reiterated Rating Robert W. Baird Neutral $132.00 to $122.00
2016-06-29 Reiterated Rating Argus Hold
2016-06-23 Reiterated Rating Cantor Fitzgerald Hold
2016-03-27 Reiterated Rating Morgan Stanley Underweight $112.00
2016-03-24 Boost Price Target RBC Capital Sector Perform $124.00 to $128.00
2016-03-24 Boost Price Target Royal Bank Of Canada Sector Perform $124.00 to $128.00
2016-03-23 Downgrade SunTrust Buy to Neutral $135.00 to $130.00
2016-03-23 Downgrade SunTrust Banks Inc. Buy to Neutral $135.00 to $130.00
2016-03-22 Reiterated Rating Piper Jaffray Neutral $111.00 to $123.00
2016-03-22 Boost Price Target Deutsche Bank Hold $105.00 to $131.00
2016-03-22 Boost Price Target Credit Suisse Neutral $121.00 to $122.00
2016-03-22 Boost Price Target Stifel Nicolaus Buy $123.00 to $140.00
2016-03-22 Boost Price Target Barclays Equal Weight $115.00 to $127.00
2016-03-22 Reiterated Rating Piper Jaffray Cos. Neutral $111.00 to $123.00
2016-03-22 Boost Price Target Deutsche Bank AG Hold $105.00 to $131.00
2016-03-22 Boost Price Target Credit Suisse Group AG Neutral $121.00 to $122.00
2016-03-22 Boost Price Target Barclays PLC Equal Weight $115.00 to $127.00
2016-03-21 Boost Price Target Cantor Fitzgerald Hold $104.00 to $123.00
2016-03-19 Reiterated Rating RBC Capital Hold
2016-03-18 Lower Price Target RBC Capital Sector Perform $125.00 to $124.00
2016-03-09 Lower Price Target Morgan Stanley Underweight $105.00 to $102.00
2016-02-24 Reiterated Rating Cantor Fitzgerald Hold
2016-01-14 Reiterated Rating Cantor Fitzgerald Hold $104.00
2016-01-13 Reiterated Rating JPMorgan Chase & Co. Hold $120.00 to $113.00
2016-01-13 Lower Price Target Deutsche Bank Hold $115.00 to $105.00
2016-01-13 Lower Price Target Credit Suisse Neutral $130.00 to $121.00
2016-01-13 Lower Price Target BMO Capital Markets Outperform $124.00 to $115.00
2016-01-13 Reiterated Rating Barclays Equal Weight $120.00 to $115.00
2016-01-13 Lower Price Target Robert W. Baird Neutral $126.00 to $115.00
2016-01-13 Lower Price Target Stifel Nicolaus Buy $136.00 to $123.00
2016-01-04 Reiterated Rating Credit Suisse Hold
2015-12-29 Reiterated Rating Credit Suisse Neutral $130.00
2015-12-28 Downgrade RBC Capital Hold
2015-12-22 Downgrade RBC Capital Outperform to Sector Perform $135.00 to $130.00
2015-12-17 Reiterated Rating Barclays Equal Weight $125.00 to $120.00
2015-11-10 Initiated Coverage Cantor Fitzgerald Hold $119.00
2015-10-09 Reiterated Rating William Blair Buy
2015-10-09 Boost Price Target BMO Capital Markets Outperform $124.00 to $132.00
2015-10-09 Reiterated Rating Barclays Equal Weight $128.00 to $125.00
2015-10-02 Lower Price Target BMO Capital Markets Outperform $141.00 to $124.00
2015-10-01 Reiterated Rating RBC Capital Buy
2015-09-30 Lower Price Target Stifel Nicolaus Buy $149.00 to $136.00
2015-09-30 Lower Price Target RBC Capital Outperform $142.00 to $135.00
2015-08-20 Reiterated Rating Deutsche Bank Hold $120.00
2015-06-25 Reiterated Rating RBC Capital Buy
2015-06-24 Boost Price Target Barclays Equal Weight $120.00 to $128.00
2015-06-24 Boost Price Target Deutsche Bank Hold $105.00 to $120.00
2015-06-24 Boost Price Target BMO Capital Markets Outperform $120.00 to $141.00
2015-06-24 Set Price Target Piper Jaffray Hold $115.00 to $129.00
2015-06-24 Boost Price Target SunTrust Buy $130.00 to $150.00
2015-06-24 Boost Price Target Stifel Nicolaus Buy $132.00 to $149.00
2015-06-24 Boost Price Target RBC Capital Outperform $127.00 to $142.00
2015-03-26 Lower Price Target BMO Capital Markets Outperform $129.00 to $120.00
2015-03-26 Downgrade Argus Buy to Hold
2015-03-25 Reiterated Rating SunTrust Buy $145.00 to $130.00
2015-03-25 Lower Price Target JPMorgan Chase & Co. Neutral $130.00 to $120.00
2015-03-25 Reiterated Rating Deutsche Bank Hold $125.00 to $105.00
2015-03-25 Lower Price Target Barclays Equal Weight $128.00 to $120.00
2015-03-25 Reiterated Rating Credit Suisse Neutral $130.00 to $122.00
2015-03-25 Lower Price Target RBC Capital Outperform $133.00 to $127.00
2015-03-25 Lower Price Target Stifel Nicolaus Buy $150.00 to $132.00
2015-01-14 Reiterated Rating JPMorgan Chase & Co. Hold $145.00 to $130.00
2014-12-30 Set Price Target Barclays Hold $135.00 to $128.00
2014-12-22 Lower Price Target Credit Suisse Neutral $147.00 to $138.00
2014-12-18 Downgrade Morgan Stanley Equal Weight to Underweight $131.00 to $107.00
2014-12-05 Downgrade Deutsche Bank Buy to Hold $150.00 to $125.00
2014-10-27 Downgrade Barclays Overweight to Equal Weight $150.00 to $135.00
2014-10-23 Upgrade Stifel Nicolaus Hold to Buy $150.00
2014-10-03 Upgrade SunTrust Neutral to Buy $150.00 to $155.00
2014-09-19 Reiterated Rating Deutsche Bank Buy $154.00 to $150.00
2014-09-09 Initiated Coverage Credit Suisse Neutral
2014-06-23 Reiterated Rating JPMorgan Chase & Co. Neutral $130.00 to $140.00
2014-06-20 Reiterated RBC Capital Mkts Outperform $145 to $150
2014-06-20 Boost Price Target Argus Buy $148.00 to $155.00
2014-06-20 Reiterated Rating Barclays Overweight $140.00 to $150.00
2014-06-20 Reiterated Rating Deutsche Bank Buy $140.00 to $154.00
2014-06-20 Reiterated Rating Morgan Stanley Equal Weight $129.00 to $118.00
2014-06-20 Boost Price Target RBC Capital Outperform $145.00 to $150.00
2014-03-21 Reiterated Rating Morgan Stanley Equal Weight $114.00 to $118.00
2014-02-25 Reiterated Rating Morgan Stanley Equal Weight $114.00
2014-02-12 Initiated Coverage Wells Fargo & Co. Outperform
2014-02-12 Initiated Coverage Wells Fargo Outperform
2014-01-10 Initiated Coverage RBC Capital Outperform $139.00
2014-01-08 Boost Price Target Deutsche Bank Buy $125.00 to $130.00
2014-01-08 Boost Price Target Barclays Overweight $120.00 to $140.00
2014-01-08 Boost Price Target Argus Buy $127.00 to $148.00
2014-01-08 Boost Price Target Credit Suisse $125.00 to $130.00
2014-01-07 Upgrade S&P Equity Research Buy
2013-12-16 Initiated Coverage Stifel Nicolaus Hold
2013-12-11 Initiated Coverage Credit Suisse Neutral
2013-09-24 Boost Price Target BMO Capital Markets Outperform $119.00 to $130.00
2013-09-20 Boost Price Target Deutsche Bank Buy $120.00 to $125.00
2013-09-20 Initiated Coverage Goldman Sachs Neutral $120.00
2013-08-09 Upgrade Deutsche Bank Hold to Buy $105 to $125
2012-09-21 Downgrade Robert W. Baird Outperform to Neutral $116 to $105
2011-11-09 Initiated Northland Securities Outperform $100
2011-03-21 Reiterated Argus Buy $89 to $100
2010-12-08 Reiterated Argus Buy $76 to $89
2009-10-20 Initiated JP Morgan Neutral
2009-10-01 Initiated Robert W. Baird Outperform $63
2016-06-30 Reiterated Rating Robert W. Baird Neutral $132.00 to $122.00
2016-06-29 Reiterated Rating Argus Hold
2016-06-23 Reiterated Rating Cantor Fitzgerald Hold
2016-03-27 Reiterated Rating Morgan Stanley Underweight $112.00
2016-03-24 Boost Price Target RBC Capital Sector Perform $124.00 to $128.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Key Scott President and CEO 0.22%  (153138) HHS / IHS /
STEAD JERRE L Executive Chairman 0.18%  (119328) CNXT / IHS / MRKT /
Yergin Daniel Vice Chairman 0.12%  (82292) IHS / MRKT /
Bomba Jane L Okun SVP, Sustainability, IR & Comm 0.07%  (46441) IHS / MRKT /
ARMSTRONG C MICHAEL 0.07%  (46182) IHS /
Hyatt Todd S. Sr VP, Chief Fin & IT Officer 0.06%  (37891) IHS / MRKT /
GUPTA ANURAG EVP - Strategy, Products & Ops 0.05%  (35293) IHS /
Holtback Roger J 0.05%  (31225) IHS /
Hall Brian H 0.04%  (27989) IHS /
Gear Jonathan Sr. VP, Industrials 0.04%  (27440) IHS / MRKT /
IYER BALAKRISHNAN S 0.04%  (24070) CNXT / IHS / LIFE / MRKT / POWI / QLGC / SWKS /
Sisson Jeffrey D Sr VP, Chief HR Officer 0.04%  (24004) IHS / MRKT /
ERNST RUANN FAYE 0.03%  (21282) DLR / IHS / MRKT /
Green Stephen Exec VP, Legal & Corp Sec 0.03%  (17274) IHS /
WALKER RICHARD Exec VP - Global Finance 0.02%  (15560) ASCMA / IHS / SREV /
von Grolman Christoph 0.02%  (13296) IHS /
Matzke-Hamlin Heather Sr VP, Chief Acctg Officer 0.02%  (12885) IHS / MRKT /
SETTLE MARK F Sr. VP, CIO 0.01%  (10000) IHS /
MENKE SEAN E EVP - Resources 0.01%  (8846) HA / IHS / SABR /
MATIN ARSHAD EVP Global Products/Services 0.01%  (8677) ASGN / IHS /
MONTUPET JEAN PAUL L 0.01%  (7625) AIZ / IHS / LXK / MRKT / PRE / WBC /
MCWHINNEY DEBORAH D 0.01%  (5942) FLR / IHS / MRKT /
Sweeney Brian J. Sr VP, Global Sales 0.01%  (4945) IHS /
Chahal Jaspal Sr VP & General Counsel 0.01%  (3727) IHS /
Buscemi Stephanie Sr VP, Chief Marketing Officer 0.01%  (3639) IHS /