The Goldman Sachs Group Begins Coverage on McGraw Hill (NYSE:MH)

Key Points

• McGraw Hill has been upgraded to a "strong-buy" rating by The Goldman Sachs Group, with a price objective of $27.00, indicating a potential upside of 85.19% from its last close.
• Multiple analysts have issued various ratings for McGraw Hill, including a "neutral" rating from UBS with a $15.00 target, an "overweight" rating from JPMorgan Chase & Co. with a $21.00 price target, and a "buy" rating from Rothschild & Co. with a $28.60 objective.
• Despite the positive ratings, shares of McGraw Hill slightly decreased by 0.1% to $14.58 as of Monday, with a one-year trading range between $12.55 and $17.25.

Equities research analysts at The Goldman Sachs Group initiated coverage on shares of McGraw Hill (NYSE:MH - Get Free Report) in a report issued on Monday, August 18th, MarketBeat Ratings reports. The firm set a "buy" rating and a $27.00 price target on the stock. The Goldman Sachs Group's price objective suggests a potential upside of 85.31% from the stock's previous close.

A number of other equities research analysts have also issued reports on MH. BTIG Research initiated 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 McGraw Hill in a research report on Monday, August 18th. They set an "outperform" rating and a $19.00 target price for the company. BMO Capital Markets assumed coverage on McGraw Hill in a research report on Monday, August 18th. They set an "outperform" rating and a $24.00 target price for the company. Finally, Robert W. Baird assumed coverage on McGraw Hill in a research report on Monday, August 18th. They set an "outperform" rating and a $21.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $20.88.

McGraw Hill Stock Down 0.2%

MH traded down $0.03 during trading on Monday, reaching $14.57. 312,127 shares of the company traded hands, compared to its average volume of 1,141,436. 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.