Rothschild & Co Redburn Initiates Coverage on McGraw Hill (NYSE:MH)

Key Points

• Rothschild & Co Redburn has initiated coverage on McGraw Hill, setting a "buy" rating with a price target of $28.60, indicating a potential upside of 113.75% from its current price.
• Other analysts have issued mixed ratings, with Morgan Stanley giving an "overweight" rating at a $20.00 target price and Needham & Company setting a target of $19.00 while maintaining a "buy" rating.
• Currently, McGraw Hill's stock has a consensus rating of "Moderate Buy" with an average target price of $21.05, reflecting overall positive sentiment among analysts despite some holding ratings.

Rothschild & Co Redburn started coverage on shares of McGraw Hill (NYSE:MH - Free Report) in a report released on Monday, MarketBeat.com reports. The brokerage issued a buy rating and a $28.60 price objective on the stock.

A number of other equities analysts also recently weighed in on MH. BMO Capital Markets started coverage on shares of McGraw Hill in a report on Monday. They set an "outperform" rating and a $24.00 target price on the stock. UBS Group started coverage on shares of McGraw Hill in a report on Monday. They set a "neutral" rating and a $15.00 target price on the stock. Robert W. Baird started coverage on shares of McGraw Hill in a report on Monday. They set an "outperform" rating and a $21.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of McGraw Hill in a report on Monday. They set a "buy" rating and a $18.00 target price on the stock. Finally, The Goldman Sachs Group started coverage on shares of McGraw Hill in a report on Monday. They set a "buy" rating and a $27.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, McGraw Hill presently has a consensus rating of "Moderate Buy" and a consensus target price of $20.88.

McGraw Hill Price Performance

Shares of MH stock traded down $0.77 during trading on Monday, reaching $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.

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.