Raymond James Remains a Buy on S&P Global Inc (SPGI)


Raymond James analyst Patrick O’Shaughnessy maintained a Buy rating on S&P Global Inc (NYSE: SPGI) today and set a price target of $215. The company’s shares opened today at $171.52.

According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 12.2% and a 67.1% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as Focus Financial Partners Inc, E*Trade Financial, and Newmark Group Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for S&P Global Inc with a $207.67 average price target, which is a 21.1% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $209 price target.

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S&P Global Inc’s market cap is currently $44.56B and has a P/E ratio of 27.77. The company has a Price to Book ratio of 76.43.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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 and Commodities Intelligence, and Indices.

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