Barclays Resumes S&P Global (SPGI) at Overweight

Barclays analyst Manav Patnaik resumes coverage on S&P Global (NYSE: SPGI) with a Overweight rating and a price target of $500.00.

The analyst comments "We reinstate our rating on SPGI at Overweight as the combination with IHS Markit creates a $100B+ Information Services powerhouse that will have a major impact on the space. The revenue synergies appear reasonable ($350M+), the cost opportunity is clear ($600M+), and strategic actions are still a possibility."

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 $385.64 yesterday.

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