S&P Global Investor Day Review

Deutsche Bank analysts provided their key takeaways from S&P Global Inc. (NYSE:SPGI) Investor Day. The company unveiled its new strategic vision and medium-term targets indicating higher investments and revenue synergies in six key areas including private markets, sustainability, climate, energy transition, credit and risk management, and emerging markets. By division, the company expects 7-9% annual growth in Market Intelligence, Commodity Insights, and Mobility segments, 6-9% growth in Ratings, and over 10% growth in Indices.
The analysts see growth targets as achievable – and appreciate the company’s strategic approach towards investments to accelerate growth over the next 3-4 years. The company clarified that its 7-9% growth targets are not meant to be CAGRs but are anticipated growth rates by 2025/2026.
The analysts raised their price target to $379 from $362 while maintaining their Buy rating.