McGraw Hill (NYSE:MH) Earns Outperform Rating from Analysts at Macquarie

Key Points

• Analysts at Macquarie initiated coverage on McGraw Hill (NYSE:MH) with an "outperform" rating and a price target of $19.00, indicating a potential upside of 34.66% from the previous close.
• Macquarie's report is part of a wave of new coverage on McGraw Hill, with several analysts issuing similar ratings, including a $24.00 target from BMO Capital Markets.
• McGraw Hill currently has a consensus rating of "Moderate Buy" from analysts and a consensus target price of $20.88.

Stock analysts at Macquarie assumed coverage on shares of McGraw Hill (NYSE:MH - Get Free Report) in a research report issued on Monday, MarketBeat Ratings reports. The brokerage set an "outperform" rating and a $19.00 price target on the stock. Macquarie's price objective would indicate a potential upside of 30.32% from the company's current price.

Other research analysts also recently issued reports about the company. BTIG Research began coverage on McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $19.00 price target on the stock. BMO Capital Markets began coverage on McGraw Hill in a report on Monday, August 18th. They issued an "outperform" rating and a $24.00 price target on the stock. JPMorgan Chase & Co. began coverage on McGraw Hill in a report on Monday, August 18th. They issued an "overweight" rating and a $21.00 price target on the stock. Rothschild & Co Redburn began coverage on McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $28.60 price target on the stock. Finally, UBS Group initiated coverage on McGraw Hill in a report on Monday, August 18th. They issued a "neutral" rating and a $15.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $20.88.

McGraw Hill Trading Down 5.0%

Shares of NYSE:MH traded down $0.77 on Monday, reaching $14.58. The company had a trading volume of 836,583 shares, compared to its average volume of 1,200,081. McGraw Hill has a 52-week low of $12.55 and a 52-week high of $17.25.

McGraw Hill Company Profile

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.