Market Overview

Credit Suisse Sees Markit Ltd. As Sailing Well Through Rough Waters

Share:
Related MRKT
After Meeting With Management, BMO Is Bullish On the IHS-Markit Merger
IHS May See Markit Merger Headwinds, But Baird Still Finds It Attractive

In a report published Tuesday, Credit Suisse analyst Hamzah Mazari reiterated an Outperform rating and $30.00 price target on Markit Ltd. (NASDAQ: MRKT).

In the report, Credit Suisse noted, “MRKT's main barrier to entry is in credit and loan data, which the company developed through a ‘contributory model' (owned by 12 banks that provided full spectrum of loan pricing data) and built up through M&A. Another key advantage is that MRKT operates as an unbundled provider (‘no desktop strategy'), which allows the company to develop alliances with competitors.”

Markit Ltd. closed on Monday at $25.43.

Latest Ratings for MRKT

DateFirmActionFromTo
Mar 2016BarclaysMaintainsEqual-weight
Mar 2016Deutsche BankMaintainsBuy
Feb 2016UBSMaintainsBuy

View More Analyst Ratings for MRKT
View the Latest Analyst Ratings

Posted-In: Credit Suisse Hamzah MazariAnalyst Color Reiteration Analyst Ratings

 

Related Articles (MRKT)

View Comments and Join the Discussion!