IHS Markit (INFO) Receives a Sell from Morgan Stanley

Morgan Stanley analyst Toni Kaplan maintained a Sell rating on IHS Markit (INFOResearch Report) today and set a price target of $60.00. The company’s shares closed last Monday at $61.82.

According to TipRanks.com, Kaplan is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -6.9% and a 40.4% success rate. Kaplan covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Nielsen Holdings, and ARAMARK Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IHS Markit with a $81.55 average price target.

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The company has a one-year high of $81.65 and a one-year low of $52.43. Currently, IHS Markit has an average volume of 2.24M.

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INFO in relation to earlier this year.

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IHS Markit Ltd. engages in the provision of information, analytics, and solutions to customers in the business, finance, and government sectors. It operates through the following segments: Financial Services, Transportation, Resources, and Consolidated Markets and Solutions.