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S&P Global (SPGI) Stock Forecast & Price Target

S&P Global logo
$503.12 +0.81 (+0.16%)
(As of 11/20/2024 ET)

S&P Global - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
12

Based on 14 Wall Street analysts who have issued ratings for S&P Global in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 2 have given a hold rating, and 12 have given a buy rating for SPGI.

Consensus Price Target

$571.31
13.55% Upside
According to the 14 analysts' twelve-month price targets for S&P Global, the average price target is $571.31. The highest price target for SPGI is $620.00, while the lowest price target for SPGI is $452.00. The average price target represents a forecasted upside of 13.55% from the current price of $503.12.
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SPGI Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$571.31$565.17$530.75$420.18
Forecasted Upside13.55% Upside10.06% Upside6.02% Upside1.22% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy

SPGI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SPGI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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S&P Global Stock vs. The Competition

TypeS&P GlobalBusiness Services CompaniesS&P 500
Consensus Rating Score
2.86
2.69
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside13.55% Upside365.63% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent SPGI News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/28/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuy ➝ Buy$540.00 ➝ $560.00+13.65%
10/25/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$605.00 ➝ $610.00+24.34%
10/25/2024BMO Capital Markets
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$589.00 ➝ $564.00+14.62%
10/25/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$600.00 ➝ $585.00+18.47%
10/25/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$536.00 ➝ $575.00+16.61%
10/9/2024Wells Fargo & Company
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J. Haas
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Boost TargetOverweight ➝ Overweight$575.00 ➝ $620.00+18.37%
10/9/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$564.00 ➝ $570.00+9.96%
10/3/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$540.00 ➝ $590.00+14.63%
10/2/2024Evercore ISI
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D. Motemaden
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Initiated CoverageOutperform$599.00+16.96%
9/23/2024Raymond James
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P. O'shaughnessy
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DowngradeOutperform ➝ Market Perform
9/13/2024Barclays
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 Boost TargetOverweight ➝ Overweight$550.00 ➝ $610.00+17.64%
7/31/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$500.00 ➝ $552.00+14.25%
7/16/2024Bank of America
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 Boost TargetBuy ➝ Buy$530.00 ➝ $540.00+11.91%
4/3/2024Erste Group Bank
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 Reiterated RatingBuy ➝ Hold
9/14/2023Wolfe Research
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 Initiated CoverageOutperform$453.00+16.20%
2/10/2023Credit Suisse Group
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 Boost TargetOutperform$385.00 ➝ $395.00+8.62%
12/5/2022Deutsche Bank Aktiengesellschaft
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Faiza Alwy
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Boost Target$362.00 ➝ $379.00+7.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:36 AM ET.


Should I Buy S&P Global Stock? SPGI Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 7, 2024. Please send any questions or comments about these S&P Global pros and cons to contact@marketbeat.com.

S&P Global
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in S&P Global Inc.:

  • S&P Global Inc. stock has shown resilience, with a one-year high of $528.02, indicating potential for growth.
  • Recent insider selling activities suggest confidence in the company's performance and future prospects.
  • Positive analyst ratings and target price upgrades indicate a favorable outlook for the company.
  • Strong institutional investor interest, with significant new stakes being acquired, reflects confidence in S&P Global Inc.'s business model.
  • S&P Global Inc. provides essential services in credit ratings, benchmarks, analytics, and workflow solutions, catering to global markets, which can lead to stable revenue streams.

S&P Global
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in S&P Global Inc. for these reasons:

  • Recent insider selling activities may raise concerns about potential internal issues or lack of long-term growth prospects.
  • The stock's price-to-earnings ratio of 57.71 and price-to-earnings-growth ratio of 2.91 may indicate overvaluation, posing a risk for investors.
  • While the company has a strong market cap of $161.02 billion, a beta of 1.17 suggests higher volatility compared to the market average.
  • Debt-to-equity ratio of 0.33 may indicate a moderate level of financial leverage, which could impact the company's financial stability in uncertain economic conditions.
  • Despite positive analyst ratings, the stock's average target price of $556.58 may already be factored into the current valuation, limiting potential upside for investors.

SPGI Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for S&P Global is $571.31, with a high forecast of $620.00 and a low forecast of $452.00.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for S&P Global in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPGI shares.

According to analysts, S&P Global's stock has a predicted upside of 13.55% based on their 12-month stock forecasts.

Over the previous 90 days, S&P Global's stock had 1 downgrade by analysts.

Analysts like S&P Global more than other "business services" companies. The consensus rating score for S&P Global is 2.86 while the average consensus rating score for "business services" companies is 2.69. Learn more on how SPGI compares to other companies.


This page (NYSE:SPGI) was last updated on 11/21/2024 by MarketBeat.com Staff
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