UBS has reiterated its Buy recommendation for S&P Global, Inc., a prominent provider of financial information services that caters to a wide range of clients, including investors, corporations, governments, and financial institutions.
The company's net sales are primarily driven by its information and analytical services, which account for 61.3% of total sales. These services cover various sectors such as commodity, energy, mobility, and engineering.
Financial rating services, which evaluate the solvency risks of companies, contribute 26.9% to net sales, while the management of global stock market indices and market data publication make up 11.8%. In terms of geographical distribution, S&P Global's sales are mainly generated in the United States (59.5%), followed by Europe (23.2%), Asia (11.2%), and other regions (6.1%).