Analyst Rating Update on IHS (IHS)

IHS (NYSE:IHS) : The consensus on IHS (NYSE:IHS) based on 12 analyst recommendation on the company stock is 2.61, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

IHS (NYSE:IHS) : The highest level IHS (NYSE:IHS) is projected to reach is $140 for the short term and the lowest estimate is at $123. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $129.25 and the possibility the share price can swing is $5.5.

Company shares have received an average consensus rating of Hold for the current week

IHS (NYSE:IHS): stock turned positive on Tuesday. Though the stock opened at $109.08, the bulls momentum made the stock top out at $111 level for the day. The stock recorded a low of $108.39 and closed the trading day at $110.93, in the green by 2.86%. The total traded volume for the day was 1,105,039. The stock had closed at $107.85 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Hyatt Todd S., officer (EVP and CFO) of Ihs Inc., had unloaded 1,500 shares at an average price of $123.21 in a transaction dated on May 2, 2016. The total value of the transaction was worth $184,815.

IHS Inc. is engaged in the provision of analytics and information to organizations. The Company operates as a source of information, insight and analytics in areas, such as energy and natural resources, technology, healthcare, chemicals, automotive, aerospace, defense, maritime and trade. The Company offers Web services and application interfaces that allow its customers to integrate its information with other data, business processes and applications, such as computer-aided design, enterprise resource planning (ERP), supply chain management and product data or lifecycle management. The Companys Energy and Natural Resources target industry include Oil and Gas, Coal and Power and Utilities. Its content and analysis service provides information on wells, pipeline miles and regulatory and mineral rights documents, as well as information on oil and gas fields, basins and operating assets and power and industrial plants.

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