Equities researchers at Credit Suisse initiated coverage on shares of McGraw Hill Financial (NASDAQ:MHFI) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
McGraw Hill Financial (NASDAQ:MHFI) opened at 73.81 on Wednesday. McGraw Hill Financial has a one year low of $42.07 and a one year high of $75.85. The stock has a 50-day moving average of $72.37 and a 200-day moving average of $63.23. The company has a market cap of $19.988 billion and a P/E ratio of 21.24.
McGraw Hill Financial (NASDAQ:MHFI) last released its earnings data on Tuesday, October 22nd. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.08. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.17 billion. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. On average, analysts predict that McGraw Hill Financial will post $3.30 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Barclays raised their price target on shares of McGraw Hill Financial from $76.00 to $78.00 in a research note to investors on Tuesday, November 5th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of McGraw Hill Financial in a research note to investors on Monday, November 4th. They now have a $75.00 price target on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of McGraw Hill Financial in a research note to investors on Tuesday, October 29th. They set an “outperform” rating and a $81.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $76.75.
McGraw Hill Financial, Inc, formerly The McGraw-Hill Companies, Inc, is a financial intelligence company.
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