Zacks Reaffirms Neutral Rating on The McGraw-Hill Companies (MHP)

By admin | 6 years ago

The McGraw-Hill Companies (NYSE: MHP)‘s stock had its “neutral” rating restated by Zacks in a report issued on Wednesday. They currently have a $52.00 target price on the stock.

The McGraw-Hill Companies opened at 49.32 on Wednesday. The McGraw-Hill Companies has a 1-year low of $34.95 and a 1-year high of $50.00. The company has a market cap of $13.795 billion and a price-to-earnings ratio of 16.05.

The company last announced its quarterly results on Tuesday, April 24th. It reported $0.51 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.48 EPS by $0.03. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Analysts expect that The McGraw-Hill Companies will post $1.35 EPS next quarter.

MHP has been the subject of a number of other recent research reports. Analysts at Argus raised their price target on shares of The McGraw-Hill Companies to $55.00 in a research note to investors on Wednesday, April 25th. Separately, analysts at Piper Jaffray (NYSE: PJC) raised their price target on shares of The McGraw-Hill Companies from $53.00 to $58.00 in a research note to investors on Wednesday, April 25th. They now have an “overweight” rating on the stock. Finally, analysts at Benchmark Co. raised their price target on shares of The McGraw-Hill Companies from $48.00 to $52.00 in a research note to investors on Tuesday, March 27th. They now have a “hold” rating on the stock.

Founded in 1888, The McGraw-Hill Companies is a leading global financial information and education company that helps professionals and students succeed in the Knowledge Economy.

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