Bank of America Cuts S&P Global (NYSE:SPGI) Price Target to $550.00

Posted by Brenda Bartman on Jul 10th, 2026

S&P Global (NYSE:SPGI – Get Free Report) had its price objective cut by equities research analysts at Bank of America from $575.00 to $550.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the business services provider’s stock. Bank of America‘s price target would suggest a potential upside of 27.13% from the stock’s current price.

SPGI has been the subject of a number of other research reports. Morgan Stanley lowered their price objective on shares of S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday. Rothschild & Co Redburn decreased their price target on S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a research note on Thursday, June 18th. Jefferies Financial Group raised their price target on S&P Global from $500.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Royal Bank Of Canada dropped their price objective on S&P Global from $560.00 to $510.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Barclays cut their price objective on S&P Global from $565.00 to $555.00 and set an “overweight” rating on the stock in a report on Tuesday. Seventeen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, S&P Global has a consensus rating of “Moderate Buy” and a consensus target price of $532.00.

Check Out Our Latest Research Report on S&P Global

S&P Global Trading Up 0.4%

NYSE SPGI opened at $432.63 on Friday. The firm’s 50-day moving average is $419.38 and its two-hundred day moving average is $448.23. S&P Global has a 12 month low of $381.61 and a 12 month high of $579.05. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market capitalization of $128.06 billion, a P/E ratio of 27.38, a PEG ratio of 1.84 and a beta of 1.08.

S&P Global (NYSE:SPGI – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the business earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, sell-side analysts anticipate that S&P Global will post 19.61 earnings per share for the current year.

Insider Activity at S&P Global

In related news, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction on Thursday, April 30th. The shares were bought at an average price of $434.03 per share, with a total value of $500,002.56. Following the transaction, the director directly owned 1,152 shares of the company’s stock, valued at approximately $500,002.56. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Catherine R. Clay acquired 2,500 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was bought at an average price of $431.39 per share, with a total value of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at approximately $1,078,475. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders purchased 5,974 shares of company stock worth $2,576,775. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On S&P Global

Large investors have recently bought and sold shares of the business. Joseph Group Capital Management acquired a new stake in S&P Global in the fourth quarter valued at $29,000. North Star Investment Management Corp. increased its holdings in shares of S&P Global by 134.6% in the 4th quarter. North Star Investment Management Corp. now owns 61 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 35 shares during the last quarter. Palladiem LLC acquired a new stake in shares of S&P Global during the 4th quarter worth about $36,000. Palisade Asset Management LLC acquired a new stake in shares of S&P Global during the 3rd quarter worth about $36,000. Finally, Swiss RE Ltd. purchased a new stake in S&P Global during the fourth quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

About S&P Global

(Get Free Report)

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.