McGraw Hill (NYSE:MH) Earns Overweight Rating from Analysts at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has initiated coverage on McGraw Hill with an "overweight" rating and a target price of $21.00, suggesting a potential upside of 56.95% from its previous close.
• Other analysts have also recently commented on McGraw Hill, with ratings ranging from "hold" to "buy," and an average target price of $21.05.
• The stock opened at $13.38 on Monday, having a twelve month low of $12.55 and a high of $17.25.

JPMorgan Chase & Co. assumed coverage on shares of McGraw Hill (NYSE:MH - Free Report) in a research report report published on Monday morning, Marketbeat Ratings reports. The brokerage issued an overweight rating and a $21.00 target price on the stock.

A number of other research firms also recently commented on MH. Robert W. Baird assumed coverage on McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating and a $21.00 target price for the company. BMO Capital Markets assumed coverage on McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating and a $24.00 target price for the company. Stifel Nicolaus assumed coverage on McGraw Hill in a report on Monday, August 18th. They set a "buy" rating and a $19.00 target price for the company. UBS Group assumed coverage on McGraw Hill in a report on Monday, August 18th. They set a "neutral" rating and a $15.00 target price for the company. Finally, William Blair assumed coverage on McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $20.88.

McGraw Hill Stock Down 5.0%

Shares of McGraw Hill stock traded down $0.77 on Monday, reaching $14.58. 836,583 shares of the stock were exchanged, compared to its average volume of 1,200,081. McGraw Hill has a twelve month low of $12.55 and a twelve month high of $17.25.

About McGraw Hill

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.