S&P Global shares are trading at $471.25, down 2.41% on October 16, 2025, underperforming the broader market decline as the S&P 500 fell 0.96%. The stock's weakness follows BMO Capital's downgrade of its price target from $621 to $558—a 10.14% reduction—while maintaining an Outperform rating. This marks a notable shift from recent bullish sentiment, as analysts at Evercore ISI, Morgan Stanley, and Wells Fargo had raised their price targets earlier in October. The stock has struggled recently, declining 11.2% over the past month and down 8.1% over the last 12 months, though it remains up 66.8% over three years. At its current price, SPGI trades at a price-to-earnings ratio of 36.8x, well above the Capital Markets industry average of 25.7x, with some valuation models suggesting the stock may be overvalued. The consensus analyst target of $619.11 implies a 29.36% upside from current levels, though today's price action suggests investors are reassessing near-term growth expectations amid broader market weakness.
BMO Capital Slashes Price Target by 10% as Stock Declines 2.4%
SPGI
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