RBC Capital Names 'Catalysts for a Stock Revaluation' at S&P Global (SPGI)

RBC Capital analyst Ashish Sabadra reiterated an Outperform rating and $620.00 price target on S&P Global (NYSE: SPGI).

The analyst commented: "MI's Upswing, Issuance Upside, and Strong Margins: Catalysts for a Stock Revaluation; The improvement in MI organic growth in 4Q24, along with solid retention, significant competitive wins, and a strong start to the 2025 pipeline, is set to bolster growth in FY25. This should occur despite a competitive end market and pricing sensitivity, potentially alleviating investor concerns. In addition, we anticipate an upside to SPGI's issuance guidance of LSD+ due to a capital market recovery. Separately, the FY25 margin guidance exceeded expectations; a disciplined approach to expense management combined with a balanced focus on investments and profitability should yield robust margin expansion over the mid-term."

For an analyst ratings summary and ratings history on S&P Global click here. For more ratings news on S&P Global click here.

Shares of S&P Global closed at $540.51 yesterday.

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