Piper Jaffray Believes S&P Global Inc (SPGI) Won’t Stop Here


In a report released today, Peter Appert from Piper Jaffray maintained a Buy rating on S&P Global Inc (SPGI), with a price target of $242. The company’s shares closed yesterday at $212.65, close to its 52-week high of $217.31.

According to TipRanks.com, Appert is a 5-star analyst with an average return of 18.0% and a 76.9% success rate. Appert covers the Services sector, focusing on stocks such as American Public Education, Grand Canyon Education, and Factset Research.

Currently, the analyst consensus on S&P Global Inc is a Moderate Buy with an average price target of $206.50.

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The company has a one-year high of $217.31 and a one-year low of $156.68. Currently, S&P Global Inc has an average volume of 1.33M.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock.

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S&P Global, Inc. engages in the provision of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. It operates through the following segments: Ratings, Market Intelligence, Platts and Indices.

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