S&P Global Inc. (SPGI) Stock Is An All-Time High Flier

February 15, 2018 - By Marry Poplack

The stock of S&P Global Inc. (NYSE:SPGI) reached all time high today, Feb, 15 and still has $197.61 target or 6.00 % above today’s $186.42 share price. This indicates more upside for the $47.33 billion company. This technical setup was reported by Barchart.com. If the $197.61 PT is reached, the company will be worth $2.84 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.21% or $0.39 during the last trading session, reaching $186.42. About 641,689 shares traded. S&P Global Inc. (NYSE:SPGI) has risen 29.28% since February 15, 2017 and is uptrending. It has outperformed by 12.58% the S&P500.

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 stock of S&P Global Inc. (NYSE:SPGI) earned “Market Perform” rating by BMO Capital Markets on Friday, October 27. The stock has “Outperform” rating by Macquarie Research on Friday, August 26. Barclays Capital maintained S&P Global Inc. (NYSE:SPGI) rating on Friday, December 15. Barclays Capital has “Overweight” rating and $190 target. As per Friday, October 27, the company rating was maintained by Barclays Capital.

More notable recent S&P Global Inc. (NYSE:SPGI) news were published by: Streetinsider.com which released: “Form SC 13G S&P Global Inc. Filed by: STATE STREET CORP” on February 14, 2018, also Bloomberg.com with their article: “S&P Global Wants In on China’s $11 Trillion Bond Market” published on February 07, 2018, Nasdaq.com published: “S&P Global (SPGI) Tops Q4 Earnings Estimates, ’18 View Solid” on February 06, 2018. More interesting news about S&P Global Inc. (NYSE:SPGI) were released by: Nasdaq.com and their article: “S&P Global (SPGI) Beats on Q4 Earnings, Guidance Bullish” published on February 06, 2018 as well as Seekingalpha.com‘s news article titled: “S&P Global’s (SPGI) CEO Douglas Peterson on Q4 2017 Results – Earnings Call …” with publication date: February 06, 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 $47.33 billion. It operates through three divisions: Ratings, Market and Commodities Intelligence, and S&P Dow Jones Indices. It has a 32.25 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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