Barclays Believes IHS Markit Ltd (NASDAQ: INFO) Still Has Room to Grow

Barclays analyst Manav Patnaik maintained a Buy rating on IHS Markit Ltd (INFOResearch Report) on May 3 and set a price target of $65. The company’s shares closed on Friday at $57, close to its 52-week high of $57.69.

According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 12.0% and a 70.7% success rate. Patnaik covers the Services sector, focusing on stocks such as Emerald Expositions Events Inc, Thomson Reuters Corp, and ManpowerGroup Inc.

IHS Markit Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $58.13.

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The company has a one-year high of $57.69 and a one-year low of $44.52. Currently, IHS Markit Ltd has an average volume of 1.69M.

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IHS Markit Ltd. delivers information, analytics and solutions to customers in business, finance and government. Its products are used by aerospace, agriculture, automotive, chemicals, construction, financial services and government and Ngo’s.