BTIG Keeps Their Buy Rating on McGraw Hill, Inc. (MH)
BTIG analyst Marvin Fong maintained a Buy rating on McGraw Hill, Inc. on January 2 and set a price target of $22.00. The company’s shares closed last Friday at $16.35.
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According to TipRanks, Fong is a 3-star analyst with an average return of 2.7% and a 44.38% success rate. Fong covers the Consumer Cyclical sector, focusing on stocks such as Carvana Co, Mercadolibre, and Driven Brands Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for McGraw Hill, Inc. with a $20.13 average price target, a 23.12% upside from current levels. In a report released on December 23, Goldman Sachs also maintained a Buy rating on the stock with a $22.00 price target.
Based on McGraw Hill, Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $669.19 million and a net profit of $105.28 million. In comparison, last year the company earned a revenue of $419.31 million and had a GAAP net loss of $145.86 million
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- McGraw Hill price target lowered to $22 from $25 at Goldman Sachs
- McGraw Hill price target raised to $21 from $20 at Morgan Stanley
- Positive Outlook for McGraw Hill, Inc.: Strategic Debt Management and Growth Opportunities Drive Buy Rating
- McGraw Hill Announces $50 Million Loan Prepayment
- McGraw Hill’s Earnings Call: Strong Growth Amid Challenges
