UBS AG reissued their buy rating on shares of McGraw Hill Financial (NASDAQ:MHFI) in a research note released on Wednesday morning, Analyst Ratings Network reports. They currently have a $80.00 target price on the stock, up from their previous target price of $75.00.
McGraw Hill Financial (NASDAQ:MHFI) traded down 0.63% on Wednesday, hitting $70.97. 627,926 shares of the company’s stock traded hands. 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 $19.531 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. McGraw Hill Financial’s revenue was up 7.0% compared to the same quarter last year.
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%.
Other equities research analysts have also recently issued reports about the stock. Analysts at Benchmark Co. raised their price target on shares of McGraw Hill Financial from $59.00 to $78.00 in a research note to investors on Wednesday. They now have a buy rating on the stock. Separately, 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. 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 equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $74.71.
McGraw Hill Financial, Inc, formerly The McGraw-Hill Companies, Inc, is a financial intelligence company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.