JPMorgan Chase & Co. Forecasts Strong Price Appreciation for S&P Global (NYSE:SPGI) Stock

S&P Global (NYSE:SPGI) had its price objective boosted by research analysts at JPMorgan Chase & Co. from $535.00 to $555.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 28.86% from the company’s previous close.

Several other research analysts have also commented on SPGI. Stifel Nicolaus lifted their price target on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. UBS Group decreased their price objective on S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Daiwa Securities Group lowered their target price on shares of S&P Global from $490.00 to $485.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Mizuho lifted their target price on shares of S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Barclays reduced their price target on shares of S&P Global from $565.00 to $555.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Eighteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $533.59.

S&P Global Stock Performance

Shares of SPGI stock opened at $430.69 on Monday. The stock’s 50-day moving average is $422.04 and its two-hundred day moving average is $443.53. The firm has a market cap of $127.48 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 2.15 and a beta of 1.08. S&P Global has a 1 year low of $381.61 and a 1 year high of $579.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68.

S&P Global (NYSE:SPGI) last posted its earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $4.82 by $0.15. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.The business had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the previous year, the firm earned $4.37 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Analysts predict that S&P Global will post 19.47 earnings per share for the current year.

Insider Buying and Selling at S&P Global

In related news, Director Robert Edward Jr. Moritz bought 1,152 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were acquired at an average price of $434.03 per share, with a total value of $500,002.56. Following the completion of the acquisition, the director owned 1,152 shares in the company, valued at approximately $500,002.56. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares of the company’s stock, valued at approximately $1,078,475. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is currently owned by insiders.

Hedge Funds Weigh In On S&P Global

Large investors have recently bought and sold shares of the company. Joseph Group Capital Management acquired a new position in shares of S&P Global during the fourth quarter worth about $29,000. North Star Investment Management Corp. raised its holdings in S&P Global by 134.6% during the fourth quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Palladiem LLC acquired a new stake in S&P Global in the fourth quarter valued at about $36,000. Palisade Asset Management LLC acquired a new stake in S&P Global in the third quarter valued at about $36,000. Finally, Swiss RE Ltd. purchased a new stake in S&P Global in the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global News Summary

Here are the key news stories impacting S&P Global this week:

• Positive Sentiment: Robert W. Baird raised its price target on S&P Global (SPGI) to $521 and kept an outperform rating, suggesting meaningful upside from current levels. Benzinga
• Positive Sentiment: JPMorgan also lifted its price target on SPGI to $555 and maintained an overweight rating, reinforcing a bullish analyst view. Benzinga
• Positive Sentiment: S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index, a rules-based benchmark for institutional digital-asset investing that could strengthen S&P Global’s index business and credibility in crypto-related products. PR Newswire
• Neutral Sentiment: Recent commentary notes S&P Global’s upcoming earnings report is expected to show growth, but one preview said the company may not have the ideal setup for an earnings beat, keeping expectations mixed. Zacks
• Neutral Sentiment: Erste Group Bank reportedly cut FY2027 EPS estimates for SPGI, which adds some caution around longer-term earnings expectations. American Banking News
• Neutral Sentiment: Online value-investor chatter has been positive on SPGI, comparing it favorably with other high-profile names, but this is more sentiment than a fundamental catalyst. Insider Monkey

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.