Stifel Nicolaus Initiates Coverage on McGraw Hill (NYSE:MH)

Key Points

• Investment firm Stifel Nicolaus has initiated coverage on McGraw Hill, setting a "buy" rating and a price target of $19.00, indicating a potential upside of 42% from its previous close.
• McGraw Hill received multiple "buy" ratings from various analysts, with an average target price of $19.43 based on consensus ratings.
• The stock opened at $13.38 on Monday, with a one-year low of $12.55 and a high of $17.25.

Stock analysts at Stifel Nicolaus initiated coverage on shares of McGraw Hill (NYSE:MH - Get Free Report) in a report issued on Monday, MarketBeat reports. The brokerage set a "buy" rating and a $19.00 price target on the stock. Stifel Nicolaus' price objective suggests a potential upside of 30.32% from the stock's current price.

Other equities research analysts have also issued reports about the company. Needham & Company LLC started coverage on McGraw Hill in a research report on Monday, August 18th. They set a "buy" rating and a $19.00 target price for the company. BTIG Research started 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. Deutsche Bank Aktiengesellschaft assumed coverage on McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $18.00 price target for the company. Morgan Stanley began coverage on McGraw Hill in a research note on Monday, August 18th. They set an "overweight" rating and a $20.00 target price for the company. Finally, The Goldman Sachs Group initiated coverage on McGraw Hill in a research report on Monday, August 18th. They set a "buy" rating and a $27.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.88.

McGraw Hill Stock Performance

NYSE MH traded down $0.77 during trading on Monday, hitting $14.58. 836,583 shares of the stock traded hands, compared to its average volume of 1,200,081. McGraw Hill has a 12-month low of $12.55 and a 12-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.