IHS, an energy and power design information provider, is engaged in the provision of analytics and information to organizations.
The firm raised 2016 earnings estimates to $6.41 from $6.29 per share.
Since its IPO in 2005, IHS has made 70 acquisitions and plans to continue this growth strategy by focusing on larger acquisitions, Deutsche Bank noted.
"IHS considers larger acquisitions to be more productive and provide more operating leverage," Deutsche Bank analysts said.
Management plans on making acquisitions in areas where it has the most scale such as automotive, energy, and telecom, Deutsche Bank added.
Separately, TheStreet Ratings team rates IHS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate IHS INC (IHS) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows: