McGraw Hill (NYSE:MH) Trading Up 7.6% After Analyst Upgrade

Key Points

• McGraw Hill's stock price increased by 7.6% during mid-day trading, reaching a last traded price of $14.37, despite a significant decline in trading volume.
• Several Wall Street analysts initiated coverage on McGraw Hill, with price targets ranging from $15.00 to $24.00 and a consensus rating of "Moderate Buy".
• The company's mission focuses on providing high-quality educational content and digital solutions, aimed at supporting learners and educators globally.

McGraw Hill, Inc. (NYSE:MH - Get Free Report)'s share price shot up 7.6% during mid-day trading on Monday after Zacks Research upgraded the stock to a hold rating. The company traded as high as $14.40 and last traded at $14.37. 128,883 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 1,214,086 shares. The stock had previously closed at $13.35.

Several other analysts also recently weighed in on MH. Macquarie began coverage on shares of McGraw Hill in a research report on Monday. They set an "outperform" rating and a $19.00 target price on the stock. Wall Street Zen downgraded shares of McGraw Hill from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. Deutsche Bank Aktiengesellschaft began coverage on shares of McGraw Hill in a research report on Monday. They set a "buy" rating and a $18.00 target price on the stock. Baird R W raised shares of McGraw Hill to a "strong-buy" rating in a research report on Monday. Finally, Rothschild & Co Redburn began coverage on shares of McGraw Hill in a research report on Monday. They set a "buy" rating and a $28.60 target price on the stock. One investment 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 stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $20.88.

McGraw Hill Trading Down 5.0%

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.