UBS Group Issues Positive Forecast for McGraw Hill (NYSE:MH) Stock Price

McGraw Hill (NYSE:MH) had its price objective boosted by UBS Group from $15.00 to $16.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price would indicate a potential upside of 6.99% from the stock’s current price.

Several other research analysts also recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on McGraw Hill in a research note on Monday, August 18th. They issued a “buy” rating and a $18.00 target price for the company. Morgan Stanley initiated coverage on shares of McGraw Hill in a research report on Monday, August 18th. They set an “overweight” rating and a $20.00 price objective on the stock. Robert W. Baird started coverage on McGraw Hill in a research note on Monday, August 18th. They issued an “outperform” rating and a $21.00 target price on the stock. Stifel Nicolaus initiated coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a “buy” rating and a $19.00 price objective for the company. Finally, JPMorgan Chase & Co. started coverage on shares of McGraw Hill in a research report on Monday, August 18th. They issued an “overweight” rating and a $21.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $20.72.

McGraw Hill Trading Up 6.1%

MH traded up $0.87 during trading on Thursday, reaching $14.96. 536,913 shares of the stock traded hands, compared to its average volume of 805,909. McGraw Hill has a 12 month low of $10.69 and a 12 month high of $17.25. The company has a 50-day simple moving average of $12.84.

McGraw Hill (NYSE:MH) last issued its earnings results on Wednesday, November 12th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $1.05. The firm had revenue of $669.19 million during the quarter, compared to the consensus estimate of $638.76 million. The company’s quarterly revenue was down 2.8% on a year-over-year basis. McGraw Hill has set its FY 2026 guidance at EPS.

Hedge Funds Weigh In On McGraw Hill

A number of institutional investors have recently added to or reduced their stakes in the company. TD Asset Management Inc bought a new position in McGraw Hill during the 3rd quarter worth $5,332,000. Greenland Capital Management LP acquired a new position in McGraw Hill in the third quarter worth approximately $131,000. Counterpoint Mutual Funds LLC acquired a new position in shares of McGraw Hill in the 3rd quarter valued at $457,000. Ameritas Investment Partners Inc. acquired a new stake in shares of McGraw Hill during the third quarter valued at approximately $25,000. Finally, Alberta Investment Management Corp acquired a new stake in shares of McGraw Hill in the third quarter worth $12,550,000.

About McGraw Hill

At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.