Brokerages Set McGraw Hill, Inc. (NYSE:MH) Target Price at $20.97

McGraw Hill, Inc. (NYSE:MH) has received a consensus rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $20.9667.

Several equities research analysts have commented on the stock. William Blair assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued an “outperform” rating on the stock. Needham & Company LLC assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a “buy” rating and a $19.00 price target on the stock. Robert W. Baird assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued an “outperform” rating and a $21.00 price target on the stock. Rothschild & Co Redburn assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a “buy” rating and a $28.60 price target on the stock. Finally, BTIG Research assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a “buy” rating and a $19.00 price target on the stock.

Institutional Investors Weigh In On McGraw Hill

Several hedge funds have recently modified their holdings of MH. Teacher Retirement System of Texas purchased a new stake in shares of McGraw Hill during the 3rd quarter worth about $7,530,000. Peregrine Capital Management LLC purchased a new stake in shares of McGraw Hill during the 3rd quarter worth about $3,443,000. Finally, Strs Ohio purchased a new stake in shares of McGraw Hill during the 3rd quarter worth about $54,000.

McGraw Hill Stock Performance

Shares of MH opened at $10.91 on Friday. McGraw Hill has a 1-year low of $10.74 and a 1-year high of $17.25. The firm’s fifty day moving average is $13.29.

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.