William Blair analyst Andrew Nicholas has maintained their bullish stance on SPGI stock, giving a Buy rating on November 3.
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Andrew Nicholas has given his Buy rating due to a combination of factors including the strong financial performance of S&P Global in the third quarter. The company demonstrated significant top-line momentum, which contributed to an impressive margin performance during the quarter.
Additionally, Andrew Nicholas updated his estimates for S&P Global, raising the adjusted EPS projections for 2025 and 2026. These revisions reflect anticipated revenue growth and robust operating margins, indicating a positive outlook for the company’s financial health and future profitability.
In another report released on November 3, Mizuho Securities also reiterated a Buy rating on the stock with a $657.00 price target.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SPGI in relation to earlier this year.