On Oct 25, major Wall Street analysts update their ratings for $S&P Global (SPGI.US)$, with price targets ranging from $570 to $610.
Morgan Stanley analyst Toni Kaplan maintains with a buy rating, and maintains the target price at $570.
Barclays analyst Manav Patnaik maintains with a buy rating, and maintains the target price at $610.
UBS analyst Alex Kramm maintains with a buy rating, and adjusts the target price from $555 to $610.
Baird analyst Jeffrey Meuler maintains with a buy rating, and adjusts the target price from $536 to $575.
Oppenheimer analyst Owen Lau maintains with a buy rating, and maintains the target price at $590.
Furthermore, according to the comprehensive report, the opinions of $S&P Global (SPGI.US)$'s main analysts recently are as follows:
S&P Global has notably underperformed post-Q3 results, despite solid performances in most segments and increased guidance. The underperformance was mainly due to a lackluster quarter in Market Intelligence, which, although it only contributes to 20%-25% of operating income, was expected to foster growth through synergies following the IHS Markit acquisition. Analysts are optimistic that new leadership could enhance performance, even in challenging conditions, and assert that the company's diverse operations are well-situated for commendable earnings growth in the upcoming year, with prospects for further gains.
The potential for a favorable risk/reward scenario for S&P Global is seen due to its diverse and high-quality nature, with most segments showing strong performance. The near-term outlook appears modestly positive, and presents an appealing opportunity for multi-year risk-adjusted growth.
Here are the latest investment ratings and price targets for $S&P Global (SPGI.US)$ from 6 analysts:
Note:
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