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

$518.27 +3.81 (+0.74%)

(As of 02:03 PM 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

Moderate Buy

Based on 14 Analyst Ratings

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
10.23% 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 10.23% from the current price of $518.27.

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SPGI Analyst Ratings Over Time

Type	Current Forecast 11/26/23 to 11/25/24	1 Month Ago 10/27/23 to 10/26/24	3 Months Ago 8/28/23 to 8/27/24	1 Year Ago 11/26/22 to 11/26/23
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)	12 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	$569.77	$530.75	$420.18
Forecasted Upside	10.23% Upside	16.13% Upside	4.99% Upside	1.22% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Buy

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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.

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.

S&P Global Stock vs. The Competition

Type	S&P Global	Business Services Companies	S&P 500
Consensus Rating Score	2.86	2.68	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	11.05% Upside	345.69% Upside	7.18% Upside
News Sentiment Rating	Positive News See Recent SPGI News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/28/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Buy ➝ Buy	$540.00 ➝ $560.00	+13.65%
10/25/2024	UBS Group 4 of 5 stars		Boost Target	Buy ➝ Buy	$605.00 ➝ $610.00	+24.34%
10/25/2024	BMO Capital Markets 4 of 5 stars		Lower Target	Outperform ➝ Outperform	$589.00 ➝ $564.00	+14.62%
10/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$600.00 ➝ $585.00	+18.47%
10/25/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$536.00 ➝ $575.00	+16.61%
10/9/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Haas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$575.00 ➝ $620.00	+18.37%
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10/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$564.00 ➝ $570.00	+9.96%
10/3/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$540.00 ➝ $590.00	+14.63%
10/2/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Motemaden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$599.00	+16.96%
9/23/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. O'shaughnessy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
9/13/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$550.00 ➝ $610.00	+17.64%
7/31/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$500.00 ➝ $552.00	+14.25%
7/16/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$530.00 ➝ $540.00	+11.91%
4/3/2024	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
9/14/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$453.00	+16.20%
2/10/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$385.00 ➝ $395.00	+8.62%
12/5/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Faiza Alwy Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 Monday at 02:24 PM 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 Friday, November 22, 2024. Please send any questions or comments about these S&P Global pros and cons to contact@marketbeat.com.

S&P Global
Bull Case

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

The recent earnings report showed S&P Global Inc. exceeding expectations with earnings per share of $3.89, surpassing the consensus estimate of $3.64 by $0.25, indicating strong financial performance.
With a current stock price of $511.37, the company is trading near its 50-day moving average of $509.86, suggesting stability in its recent price performance.
The company has demonstrated a robust revenue growth of 15.9% year-over-year, with quarterly revenue reaching $3.58 billion, which is above analyst estimates, reflecting strong demand for its services.
S&P Global Inc. has a moderate dividend yield of 0.72%, with a quarterly dividend of $0.91 per share, appealing to income-focused investors.
Analysts have a consensus rating of "Moderate Buy" with an average price target of $571.31, indicating positive sentiment and potential for price appreciation.

S&P Global
Bear Case

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

The stock has a relatively high price-to-earnings (P/E) ratio of 44.41, which may suggest that it is overvalued compared to its earnings, potentially limiting future price growth.
Despite strong revenue growth, the company's quick ratio and current ratio are both at 0.94, indicating that it may have challenges meeting short-term liabilities, which could raise concerns about liquidity.
Recent analyst downgrades, such as Raymond James lowering the rating from "outperform" to "market perform," may signal caution among investors regarding the stock's future performance.
The debt-to-equity ratio of 0.33, while relatively low, indicates that the company is using some leverage, which could pose risks if market conditions change.
Market volatility, as indicated by a beta of 1.18, suggests that the stock may be more volatile than the market, which could lead to greater risk 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 research 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 research analysts is that investors should "moderate buy" SPGI shares.
: According to analysts, S&P Global's stock has a predicted upside of 10.23% based on their 12-month stock forecasts.
: Over the previous 90 days, S&P Global's stock had 1 downgrade by analysts.
: S&P Global has been rated by research analysts at Barclays, BMO Capital Markets, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Raymond James, Robert W. Baird, Stifel Nicolaus, UBS Group, and Wells Fargo & Company in the past 90 days.
: 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 2.68. Learn more on how SPGI compares to other companies.

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This page (NYSE:SPGI) was last updated on 11/25/2024 by MarketBeat.com Staff

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