Weiss Ratings Begins Coverage on McGraw Hill (NYSE:MH)

Key Points

• Weiss Ratings has begun coverage on McGraw Hill, issuing a "sell (e+)" rating on the stock.
• Multiple analysts have provided differing ratings for McGraw Hill, with Goldman Sachs giving a "buy" rating and a target price of $27, while Wall Street Zen has downgraded it to a "hold" rating.
• The stock is currently trading at $12.24, down 1.8%, with a twelve-month low of $11.17 and a high of $17.25.

Equities researchers at Weiss Ratings initiated coverage on shares of McGraw Hill (NYSE:MH - Get Free Report) in a research report issued to clients and investors on Friday,Weiss Ratings reports. The firm set a "sell (e+)" rating on the stock.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group initiated coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a "buy" rating and a $27.00 target price on the stock. Wall Street Zen cut shares of McGraw Hill from a "buy" rating to a "hold" rating in a report on Saturday, August 16th. William Blair assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They set an "outperform" rating on the stock. Macquarie reissued an "outperform" rating and set a $19.00 price objective on shares of McGraw Hill in a report on Friday. Finally, JPMorgan Chase & Co. assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They set an "overweight" rating and a $21.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $20.97.

McGraw Hill Stock Down 1.8%

NYSE:MH traded down $0.23 during mid-day trading on Friday, hitting $12.24. The stock had a trading volume of 81,375 shares, compared to its average volume of 890,812. The firm's 50-day simple moving average is $13.76. McGraw Hill has a twelve month low of $11.17 and a twelve 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.

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