S&P Global Inc. (SPGI) Analysis and Prediction

based on analysts’ 12 month price forecasts for Lowe’s that they provided in the last three months. With a high projection of $278.00 and a low forecast of $205.00, the average price goal is $235.44. From the most recent price of $229.12, the average price target reflects a change of 2.76%.S&P Global Inc., formerly known as McGraw Hill Financial, Inc. and The McGraw-Hill Companies, Inc. before April 2016, is a publicly listed American company with its headquarters in Manhattan, New York City. Analytics and financial information are its main business sectors. It is the parent firm of CRISIL, S&P Global Commodity Insights, S&P Global Ratings, S&P Global Market Intelligence, S&P Global Mobility, S&P Global Engineering Solutions, and S&P Global Sustainable1.

S&P Global’s forerunner firms have a history that dates back to 1888, when James H. McGraw bought the American Journal of Railway Appliances. He kept adding other magazines until he finally founded The McGraw Publishing Company in 1899. In addition to producing several technical and trade periodicals, John A. Hill founded The Hill Publishing Company in 1902.

Prices:

The price of SPGI stock as of 2023 July 11, Tuesday is 398.430$, and according to our data, the asset’s price has been rising over the last year (or since it started).

Since the price of S&P Global shares has been trending upward, we assume that related market categories were highly well-liked over the specified time period.

These forecasts include a number of factors, including volume fluctuations, price changes, market cycles, and comparable stocks. Our prediction method projects the stock’s future price to be 681.2977732904$ (70.996%) after a year.

Market Cap (Previous Close): 132.68 B

Price in USD (Previous Close): 398.430

Share Volume (Previous Close): 840,771

Price in USD (Last): 398.430

52 Week Change: 49.613

90-Day Moving Average: 370.026

52week High: 405.65

52week Low: 277.89

50 Day Moving Average: 383.02

200 Day Moving Average: 357.88

Analysis: 

This Monday, July 10th, S&P Global Inc. traded at $398.43, up $5.18 or 1.32 percent from the previous trading session. Looking back, S&P Global rose 3.42 percent during the previous four weeks. Its price increased by 13.32 percent during the previous 12 months. Looking forward, we predict that S&P Global Inc. will be valued at 352.18 at the end of the next year and 382.55 by the end of this quarter.

INDICATORS: 

1. MACD: The Moving Averages Convergence Divergence (MACD) indicator for S&P Global (SPGI) is 6.51, indicating that S&P Global is a Buy.
2. EMA: With a share price of $398.43 and a 20-Day exponential moving average of 390.71, S&P Global (SPGI) is a Buy.
3. EMA 50: With a 50-day exponential moving average of 377.89 and a share price of $398.43, S&P Global (SPGI) is a Buy.
4. RSI: The Relative Strength Index (RSI) for S&P Global (SPGI) is 62.01, generating a Neutral signal.
5. ADX: The Trend Strength Indicator (ADX) for S&P Global (SPGI) is 30.27, producing a Neutral signal.
6. CCI: The Commodity Channel Index (CCI) for S&P Global (SPGI) is 83.21, producing a Neutral signal.
7. ROC: The price rate of change (ROC) for S&P Global (SPGI) is 0.81, generating a buy signal.

Moving Average

• With a share price of $398.43 and a 10-Day exponential moving average of 395.05, S&P Global (SPGI) is a Buy.
• With a share price of $398.43 and a 100-Day exponential moving average of 366.66, S&P Global (SPGI) is a Buy.
• With a price of $398.43 and a 50-day simple moving average of 374.61, S&P Global (SPGI) stock has a Buy signal.
• With a price of $398.43 and a 100-day simple moving average of 358.42, S&P Global’s (SPGI) stock has a Buy signal.
• The 200-day simple moving average of S&P Global (SPGI) and the current stock price of $398.43 result in a Buy signal.

Resistance Level (R3): 402.647

Resistance Level (R2): 401.383

Resistance Level (R1): 399.907

Pivot Point: 398.643

Support Level (S1): 397.167

Support Level (S2): 395.903

Support Level (S3): 394.427

Prediction:

At 2023-07-10, the S&P Global Inc. quotation is worth 393.250 USD. Our projections indicate a long-term growth, and the “SPGI” stock price estimate for June 30, 2028, is 500.376 USD. The income with a 5-year investment is anticipated to be roughly +27.24%. Your $100 investment now might be worth up to $127.24 in 2028.

S&P Global Inc. price estimates range from a median aim of 422,000 to a high estimate of 506,000 and a low estimate of 348,000. From the most recent price of 398.25, the median projection reflects a rise of +5.96%.