Analysts are positive on IMS Health Holding Inc. shares, with 11 of 17 who cover the company having ‘buy’ ratings, according to Bloomberg. But investors are just as positive – they’ve bid the stock up to levels just under the analysts’ average target price.Bloomberg
Globe editors have posted this research report with permission of S&P Dow Jones Indices. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:
Canadian equities finished the first half of 2015 in positive territory, as both the S&P/TSX composite and the S&P/TSX 60 were up 1 per cent.
Health care was the strongest sectoral performer, gaining 58 per cent in the first half of 2015. The energy sector declined 5 per cent and weighed down Canadian equity benchmarks.
The S&P 500 managed to eke out a 1-per-cent gain in the first half of 2015 after significant market turbulence, while the Dow Jones industrial average ended June flat on the year.
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