Analysts' ratings for S&P Global SPGI over the last quarter vary from bullish to bearish, as provided by 8 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 6 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 3 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $481.62, a high estimate of $520.00, and a low estimate of $442.00. Marking an increase of 0.28%, the current average surpasses the previous average price target of $480.29.
Diving into Analyst Ratings: An In-Depth Exploration
The perception of S&P Global by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $500.00 | $500.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $500.00 | $500.00 |
| Owen Lau | Oppenheimer | Raises | Outperform | $482.00 | $480.00 |
| Shlomo Rosenbaum | Stifel | Raises | Buy | $446.00 | $442.00 |
| Shlomo Rosenbaum | Stifel | Lowers | Buy | $442.00 | $460.00 |
| Manav Patnaik | Barclays | Raises | Overweight | $520.00 | $500.00 |
| Owen Lau | Oppenheimer | Maintains | Outperform | $480.00 | - |
| Jeffrey Silber | BMO Capital | Raises | Outperform | $483.00 | $480.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to S&P Global. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of S&P Global compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for S&P Global's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of S&P Global's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on S&P Global analyst ratings.
All You Need to Know About S&P Global
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.
S&P Global: Delving into Financials
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: S&P Global's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 10.47%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 28.39%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): S&P Global's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.89%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): S&P Global's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.64%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.36, S&P Global adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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