Recent extremely meaningful positive changes in investment behavior have benefitted S&P Global Inc (NYSE: SPGI): the stock’s recent price rise disrupted its longer term downtrend, and its longer term price trend turned up.
S&P Global Inc (NYSE: SPGI) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SPGI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
S&P Global has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. S&P Global has a good Power Rating of 82 and a very high Appreciation Score of 87, triggering the Highest Value Trend Rating.
Recent Price Action
S&P Global Inc (NYSE: SPGI) stock declined slightly by -0.02% on 11/7/23. The stock closed at $384.57. The stock has risen 11.4% during the last week and has been strong relative to the market over the last nine months.
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