McGraw Hill Financial (NASDAQ:MHFI) had its price target upped by Benchmark Co. from $59.00 to $78.00 in a research note issued to investors on Wednesday, American Banking and Market News reports. The firm currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on MHFI. Analysts at Barclays reiterated a buy rating on shares of McGraw Hill Financial in a research note to investors on Tuesday, October 15th. They now have a $76.00 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of McGraw Hill Financial from $66.00 to $75.00 in a research note to investors on Tuesday, October 15th. Finally, analysts at Goldman Sachs Group Inc. reiterated a buy rating on shares of McGraw Hill Financial in a research note to investors on Wednesday, October 2nd. They now have a $75.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. McGraw Hill Financial presently has an average rating of Buy and a consensus target price of $74.71.
McGraw Hill Financial (NASDAQ:MHFI) traded down 0.10% on Wednesday, hitting $71.35. The stock had a trading volume of 1,649,305 shares. McGraw Hill Financial has a 52 week low of $42.07 and a 52 week high of $64.22. The stock has a 50-day moving average of $60.96 and a 200-day moving average of $55.05. The company has a market cap of $19.636 billion and a P/E ratio of 18.64.
McGraw Hill Financial (NASDAQ:MHFI) last posted its quarterly earnings results 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.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, December 11th. Shareholders of record on Tuesday, November 26th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Friday, November 22nd.
McGraw Hill Financial, Inc, formerly The McGraw-Hill Companies, Inc, is a financial intelligence company.
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