Market Overview

UPDATE: Stifel Initiates Coverage on IHS on Fair Valuation

Related IHS
Weekly Highlights: iPhone 6 Hype, iPad Air 2 Concepts, Twitch Popularity Skyrockets And More
Nintendo's Next Big Innovation
The Energizer Bunny Has New Competition (Fox Business)

In a report published Tuesday, Stifel analyst Shlomo Rosenbaum initiated coverage on IHS (NYSE: IHS) with a Hold rating.

In the report, Stifel noted, “We are initiating coverage of IHS Inc. with a Hold, or neutral, rating on the shares based on valuation in the context of expected growth. We are enthusiastic about the company's market position, strategic vision, and product portfolio, but returning to historical organic growth rates will likely be a long slog (if it happens) and prior baseline level expectations for upper-single-digit growth seem to now be three-year goals.”

IHS closed on Monday at $115.60.

Posted-In: Shlomo Rosenbaum StifelAnalyst Color Initiation Analyst Ratings


Most Popular

Related Articles (IHS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free