Baird Starts S&P Global (SPGI) at Outperform

April 27, 2021 6:29 AM EDT
Get Alerts SPGI Hot Sheet
Price: $411.18 +2.58%

Rating Summary:
    14 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 5 | New: 41
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Baird analyst Jeffrey Meuler initiates coverage on S&P Global (NYSE: SPGI) with a Outperform rating and a price target of $437.00.

The analyst comments "SPGI is a diversified portfolio of extremely high-quality businesses. SPGI-INFO has broad growth drivers we believe will create financial results that look like a growing annuity. SPGI has a best-in-class margin expansion track record, and pro-forma SPGI-INFO appears to have ample margin expansion potential. Repurchases should also be significant given FCF and a substantially underleveraged balance sheet at merger close. Net, should have several years of amplified EPS growth following merger close."

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 $383.93 yesterday.



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