Raymond James Upgrades S&P Global (SPGI) to Outperform

April 17, 2017 5:43 AM EDT
Get Alerts SPGI Hot Sheet
Price: $388.94 -0.16%

Rating Summary:
    14 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 38 | Down: 18 | New: 7
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Raymond James upgraded S&P Global (NYSE: SPGI) from Market Perform to Outperform with a price target of $143.00.

Analyst Patrick O'Shaughnessy sees the company generating consistent double-digit growth as revenues remain steady, margins expand, and capital returns remain healthy. He expects investors to appreciate the stability of the business model as the multiple expands over time.

FY 2017 EPS estimate rises from $6.05 to $6.10, FY 2018 EPS estimate rises from $6.70 to $6.75 and FY 2019 EPS estimate rises from $6.43 to $6.46.

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 $128.28 Thursday.

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