Today S&P Global Inc. (SPGI) Stock Reaches 52-Week High

March 13, 2018 - By Vivian Park

The stock of S&P Global Inc. (NYSE:SPGI) hit a new 52-week high and has $209.00 target or 7.00 % above today’s $195.33 share price. The 6 months bullish chart indicates low risk for the $49.59B company. The 1-year high was reported on Mar, 13 by If the $209.00 price target is reached, the company will be worth $3.47B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.32% or $0.63 during the last trading session, reaching $195.33. About 1.15M shares traded. S&P Global Inc. (NYSE:SPGI) has risen 29.28% since March 13, 2017 and is uptrending. It has outperformed by 12.58% the S&P500.

Analysts await S&P Global Inc. (NYSE:SPGI) to report earnings on April, 24. They expect $1.97 earnings per share, up 21.60 % or $0.35 from last year’s $1.62 per share. SPGI’s profit will be $500.18M for 24.79 P/E if the $1.97 EPS becomes a reality. After $1.85 actual earnings per share reported by S&P Global Inc. for the previous quarter, Wall Street now forecasts 6.49 % EPS growth.

S&P Global Inc. (NYSE:SPGI) Ratings Coverage

Among 3 analysts covering S&P Global (NYSE:SPGI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. S&P Global had 4 analyst reports since August 26, 2016 according to SRatingsIntel. The rating was downgraded by BMO Capital Markets to “Market Perform” on Friday, October 27. The firm earned “Overweight” rating on Friday, December 15 by Barclays Capital. Macquarie Research initiated S&P Global Inc. (NYSE:SPGI) on Friday, August 26 with “Outperform” rating. Barclays Capital maintained the shares of SPGI in report on Friday, October 27 with “Overweight” rating.

More notable recent S&P Global Inc. (NYSE:SPGI) news were published by: which released: “S&P Global buys Harvard-born AI startup for $550M” on March 07, 2018, also with their article: “S&P Global to buy AI firm Kensho for $550 million” published on March 06, 2018, published: “S&P Global Inc. (SPGI) Ex-Dividend Date Scheduled for February 23, 2018” on February 22, 2018. More interesting news about S&P Global Inc. (NYSE:SPGI) were released by: and their article: “S&P Global Augments AI Capabilities With Kensho Acquisition” published on March 08, 2018 as well as‘s news article titled: “S&P Global Inc Is a Top Buy” with publication date: March 02, 2018.

S&P Global Inc. provides independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company has market cap of $49.59 billion. It operates through three divisions: Ratings, Market and Commodities Intelligence, and S&P Dow Jones Indices. It has a 33.79 P/E ratio. The Ratings segment provides credit ratings, research and analytics, information, and benchmarks to the investors, issuers, and other market participants.

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