Barclays Q2 Preview on IHS Inc. (IHS); Focus on Organic Revenue Growth
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Price: $104.44 +0.52%
Rating Summary:
1 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
1 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade IHS Now!
Barclays maintains an 'Overweight' on IHS Inc. (NYSE: IHS) price target of $115.00.
Analyst, Manav Patnaik, said, "On 06/18, all eyes will be on the reported organic revenue growth numbers. After the 4% reported in F1Q, we estimate a slight acceleration to 4.8% in F2Q (8% growth in subscription; -6% in Other). For 2H12 though, we anticipate acceleration to achieve ~7% FY organic growth, the low-end of the 7-10% guidance range, and vs. the COO's aspirations of 9%."
For an analyst ratings summary and ratings history on IHS Inc. click here. For more ratings news on IHS Inc. click here.
Shares of IHS Inc. closed at $102.22 yesterday, with a 52 week range of $67.88-$103.25.
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Analyst, Manav Patnaik, said, "On 06/18, all eyes will be on the reported organic revenue growth numbers. After the 4% reported in F1Q, we estimate a slight acceleration to 4.8% in F2Q (8% growth in subscription; -6% in Other). For 2H12 though, we anticipate acceleration to achieve ~7% FY organic growth, the low-end of the 7-10% guidance range, and vs. the COO's aspirations of 9%."
For an analyst ratings summary and ratings history on IHS Inc. click here. For more ratings news on IHS Inc. click here.
Shares of IHS Inc. closed at $102.22 yesterday, with a 52 week range of $67.88-$103.25.
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