After BMO Capital and UBS gave S&P Global (NYSE: SPGI) a Buy rating last month, the company received another Buy, this time from Morgan Stanley. Analyst Toni Kaplan maintained a Buy rating on S&P Global yesterday and set a price target of $470.00. The company’s shares closed last Wednesday at $407.29.
According to TipRanks.com, Kaplan is a 2-star analyst with an average return of 0.2% and a 50.8% success rate. Kaplan covers the Services sector, focusing on stocks such as Terminix Global Holdings, Advantage Solutions, and ARAMARK Holdings.
S&P Global has an analyst consensus of Strong Buy, with a price target consensus of $500.71, implying a 24.3% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $473.00 price target.
S&P Global’s market cap is currently $96.35B and has a P/E ratio of 32.56.
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S&P Global, Inc. provides transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. It operates through four segments: S&P Global Ratings, S&P Global Market Intelligence, S&P Global Platts and S&P Dow Jones Indices.
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