- S&P Global finalizes a key acquisition, signaling strategic expansion.
- Analyst projections suggest a potential upside for S&P Global shares.
- GuruFocus metrics indicate a modest valuation increase for investors.
S&P Global (SPGI, Financial) has successfully completed its acquisition of the financial technology firm, TeraHelix. While the financial specifics of the deal have not been disclosed, this strategic acquisition underscores S&P Global's commitment to expanding its technological prowess. However, the market's immediate reaction saw a slight dip in S&P Global's stock price, falling 0.05% to $514.97 during after-hours trading.
Wall Street Analysts' Projections
According to the one-year price targets provided by 21 analysts, S&P Global Inc (SPGI, Financial) presents an average target price of $588.68, with a notable high of $627.00 and a low of $537.00. This projected average price represents a potential 14.31% upside from the current market value of $515.00. Investors seeking more detailed projection figures can explore the S&P Global Inc (SPGI) Forecast page.
Brokerage Firm Recommendations
S&P Global Inc's (SPGI, Financial) standing among 26 brokerage firms maintains an "Outperform" status, reflected in an average brokerage recommendation of 1.7. This rating is based on a scale where 1 equals a Strong Buy and 5 represents a Sell, indicating a generally positive outlook on S&P Global's performance.
GuruFocus Valuation Insights
GuruFocus's GF Value analysis suggests that S&P Global Inc (SPGI, Financial) could reach a valuation of $539.11 within a year, hinting at a 4.68% potential upside from the current price of $515. This GF Value is calculated by considering historical trading multiples, prior business growth, and future performance projections. Investors can find further insights and detailed data on S&P Global Inc through the S&P Global Inc (SPGI) Summary page.
