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

Several other analysts have also recently issued reports on MH. UBS Group started coverage on McGraw Hill in a report on Monday, August 18th. They issued a "neutral" rating and a $15.00 target price for the company. Morgan Stanley started coverage on McGraw Hill in a report on Monday, August 18th. They issued an "overweight" rating and a $20.00 target price for the company. BMO Capital Markets started coverage on McGraw Hill in a report on Monday, August 18th. They issued an "outperform" rating and a $24.00 target price for the company. BTIG Research started coverage on McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $19.00 target price for the company. Finally, JPMorgan Chase & Co. started coverage on McGraw Hill in a report on Monday, August 18th. They issued an "overweight" rating and a $21.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $20.88.

McGraw Hill Trading Down 5.0%

Shares of MH traded down $0.77 during trading hours on Monday, hitting $14.58. 836,583 shares of the stock were exchanged, 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.

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.