Technical Analysis Based on the Fibonacci levels, SPGI is currently trading between R1 (525.92) and S1 (510.32), with the pivot point at 518.12. The RSI-14 reading of 59.08 indicates neutral momentum, slightly favoring bullish sentiment but not yet overbought. The positive MACD of 4.70 suggests upward momentum.
Price Target Analysis The stock shows strong support at 505.50 (S2) and resistance at 530.74 (R2). RBC Capital maintains a Buy rating with a $620 price target, while the consensus among analysts is a Strong Buy with an average target of $591.09, implying a 14.94% upside.
News Impact
Next Week's Price Prediction Based on technical indicators and analyst sentiment:
Recommendation: HOLD until earnings report. Current technical setup suggests waiting for earnings results before making new positions. The stock is showing neutral momentum with positive analyst sentiment, but upcoming earnings could create volatility.
The price of SPGI is predicted to go up 1.46%, based on the high correlation periods with HI. The similarity of these two price pattern on the periods is 97.41%.
SPGI
HI
Year
SPGI Price Forecast($)
Potential Return(%)
2025
580.000
16.100
2026
600.000
15.070
2027
700.000
34.250
2028
750.000
43.840
2029
750.000
43.840
2030
850.000
63.020
Once a benchmark is accepted by capital or commodity market participants, it is difficult to displace. As a result, S&P has strong pricing power in its ratings, index subscriptions, and Platts business.
Relative to Moody's, S&P Global's business is more diversified and less sensitive to changes in bond issuance volume. The merger with IHS Markit makes earnings more annuitylike.
S&P has demonstrated strong margin expansion. Given the relatively fixed nature of the firm's cost structure, incremental revenue often flows to the bottom line.
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