S&P Global (SPGI) is Initiated by Macquarie to Outperform, Price Target at $140

S&P Global (SPGI) was Initiated by Macquarie to “Outperform” and the brokerage firm has set the Price Target at $140. Macquarie advised their investors in a research report released on Aug 26, 2016.

Many Wall Street Analysts have commented on S&P Global. Credit Suisse Initiated S&P Global on Jul 12, 2016 to “Outperform”, Price Target of the shares are set at $123.

On the company’s financial health, S&P Global reported $1.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.34. The company had revenue of $1482.00 million for the quarter, compared to analysts expectations of $1430.15 million. The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS.

In a different news, on Aug 2, 2016, Finbarr J Oneill (President, JDPA) sold 36,674 shares at $120.97 per share price.

S&P Global

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