McGraw Hill (NYSE:MH) Reaches New 1-Year Low - What's Next?

Key Points

• McGraw Hill's stock price hit a new 52-week low of $12.04 during recent trading, closing slightly higher at $12.57.
• A total of fifteen research analysts have recently made ratings on McGraw Hill, with one "Strong Buy," twelve "Buy," and two "Hold" ratings, projecting an average target price of $20.97.
• The stock has a fifty-day moving average price of $14.21, indicating potential challenges in its recent performance.

McGraw Hill, Inc. (NYSE:MH - Get Free Report)'s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $12.04 and last traded at $12.57, with a volume of 1747419 shares. The stock had previously closed at $13.69.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Robert W. Baird assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating and a $21.00 price objective for the company. Needham & Company LLC assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They set a "buy" rating and a $19.00 price objective for the company. Rothschild & Co Redburn assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They set a "buy" rating and a $28.60 price objective for the company. Macquarie assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating and a $19.00 price objective for the company. Finally, Baird R W upgraded shares of McGraw Hill to a "strong-buy" rating in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, McGraw Hill has an average rating of "Moderate Buy" and an average target price of $20.97.

McGraw Hill Stock Performance

The business has a fifty day moving average price of $14.21.

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.

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