BMO Capital Markets Issues Pessimistic Forecast for McGraw Hill (NYSE:MH) Stock Price

McGraw Hill (NYSE:MH) had its price target dropped by stock analysts at BMO Capital Markets from $25.00 to $21.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 33.65% from the company’s current price.

Other equities research analysts have also issued reports about the stock. UBS Group increased their target price on shares of McGraw Hill from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday. Macquarie reaffirmed an “outperform” rating and set a $19.00 price objective on shares of McGraw Hill in a research report on Friday, October 17th. Morgan Stanley initiated coverage on McGraw Hill in a research note on Monday, August 18th. They issued an “overweight” rating and a $20.00 price objective on the stock. Stifel Nicolaus started coverage on McGraw Hill in a research note on Monday, August 18th. They set a “buy” rating and a $19.00 target price for the company. Finally, The Goldman Sachs Group assumed coverage on McGraw Hill in a report on Monday, August 18th. They set a “buy” rating and a $27.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $20.72.

McGraw Hill Trading Up 5.0%

MH opened at $15.71 on Thursday. The business’s 50-day moving average price is $12.85. McGraw Hill has a 12-month low of $10.69 and a 12-month high of $17.25.

McGraw Hill (NYSE:MH) last issued its quarterly 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 business had revenue of $669.19 million for the quarter, compared to analysts’ expectations of $638.76 million. The company’s revenue was down 2.8% compared to the same quarter last year. McGraw Hill has set its FY 2026 guidance at EPS.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Schonfeld Strategic Advisors LLC purchased a new position in shares of McGraw Hill during the third quarter worth about $1,391,000. Sandia Investment Management LP purchased a new position in shares of McGraw Hill in the 3rd quarter valued at approximately $188,000. Freestone Grove Partners LP purchased a new stake in shares of McGraw Hill during the third quarter worth approximately $8,162,000. Burkehill Global Management LP purchased a new stake in shares of McGraw Hill during the third quarter worth approximately $1,255,000. Finally, Man Group plc acquired a new stake in shares of McGraw Hill during the third quarter worth $419,000.

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.