Barclays Q2 Preview on IHS Inc. (IHS); Focus on Organic Revenue Growth
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Price: $8.31 -0.24%
Rating Summary:
8 Buy, 7 Hold, 2 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 8 | Down: 5 | New: 3
Rating Summary:
8 Buy, 7 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 3
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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.
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.
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