Mizuho Lowers S&P Global (NYSE:SPGI) Price Target to $551.00

S&P Global (NYSE:SPGIGet Free Report) had its price target decreased by Mizuho from $657.00 to $551.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Mizuho’s price target would suggest a potential upside of 34.38% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. William Blair reissued an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. JPMorgan Chase & Co. reduced their price target on S&P Global from $635.00 to $615.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Evercore upped their price objective on S&P Global from $629.00 to $632.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Robert W. Baird set a $546.00 price objective on S&P Global in a research report on Wednesday. Finally, Royal Bank Of Canada decreased their target price on S&P Global from $620.00 to $560.00 and set an “outperform” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating and eighteen have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $576.38.

View Our Latest Stock Analysis on S&P Global

S&P Global Stock Up 3.2%

NYSE:SPGI opened at $410.04 on Thursday. S&P Global has a twelve month low of $381.61 and a twelve month high of $579.05. The firm has a market capitalization of $122.52 billion, a price-to-earnings ratio of 27.99, a price-to-earnings-growth ratio of 1.72 and a beta of 1.20. The company has a quick ratio of 0.97, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average price is $507.38 and its two-hundred day moving average price is $511.40.

S&P Global (NYSE:SPGIGet Free Report) last released its earnings results on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.02). The firm had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.89 billion. S&P Global had a net margin of 29.16% and a return on equity of 16.56%. S&P Global’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business posted $3.77 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities research analysts expect that S&P Global will post 17.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPGI. MTM Investment Management LLC bought a new stake in shares of S&P Global in the second quarter valued at about $27,000. Joseph Group Capital Management bought a new position in S&P Global during the fourth quarter worth about $29,000. J.Safra Asset Management Corp acquired a new stake in S&P Global in the 3rd quarter worth about $29,000. North Star Investment Management Corp. boosted its holdings in S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 35 shares during the period. Finally, Spurstone Advisory Services LLC acquired a new position in shares of S&P Global during the 2nd quarter worth approximately $34,000. 87.17% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting S&P Global

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

About S&P Global

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for S&P Global (NYSE:SPGI)

Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.com's FREE daily email newsletter.