McGraw Hill (NYSE:MH) Coverage Initiated 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. initiated coverage on shares of McGraw Hill (NYSE:MH - Free Report) in a research report report published on Monday morning, Marketbeat.com reports. The brokerage issued an overweight rating and a $21.00 price target on the stock.

MH has been the topic of several other research reports. Needham & Company LLC assumed coverage on shares of McGraw Hill in a research note on Monday. They set a "buy" rating and a $19.00 price objective on the stock. Stifel Nicolaus assumed coverage on shares of McGraw Hill in a research note on Monday. They set a "buy" rating and a $19.00 price objective on the stock. Robert W. Baird assumed coverage on shares of McGraw Hill in a research note on Monday. They set an "outperform" rating and a $21.00 price objective on the stock. BTIG Research assumed coverage on shares of McGraw Hill in a research note on Monday. They set a "buy" rating and a $19.00 price objective on the stock. Finally, Wall Street Zen lowered shares of McGraw Hill from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, McGraw Hill presently has an average rating of "Moderate Buy" and a consensus target price of $20.88.

McGraw Hill Stock Down 5.0%

Shares of NYSE MH traded down $0.77 during mid-day trading on Monday, hitting $14.58. The company's stock had a trading volume of 836,583 shares, compared to its average volume of 1,182,662. McGraw Hill has a one year low of $12.55 and a one year 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.