Mcgraw-Hill’s Buy Rating Reaffirmed at TheStreet (MHP)
http://www.americanbankingnews.com/getthestreet reaffirmed their buy rating on shares of Mcgraw-Hill (NYSE: MHP) in a research note released on Thursday morning.
“McGraw-Hill Companies Incorporated (MHP) has been reiterated by TheStreet Ratings as a buy with a ratings score of B . The company’s strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.”
,” TheStreet’s analyst commented.
Several other analysts have also recently commented on the stock. Analysts at Piper Jaffray reiterated an overweight rating on shares of Mcgraw-Hill in a research note to investors on Wednesday, March 6th. They now have a $58.00 price target on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Mcgraw-Hill in a research note to investors on Friday, February 22nd. They now have a $48.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a buy rating on shares of Mcgraw-Hill in a research note to investors on Wednesday, February 13th. They now have a $51.00 price target on the stock.
Six analysts have rated the stock with a buy rating, and one has issued a hold rating to the stock. The stock presently has an average rating of buy and a consensus target price of $56.80.
Shares of Mcgraw-Hill opened at 47.56 on Thursday. Mcgraw-Hill has a one year low of $42.02 and a one year high of $58.62. The stock’s 50-day moving average is currently $49.07. The company has a market cap of $13.355 billion and a P/E ratio of 31.08.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, March 12th. Investors of record on Tuesday, February 26th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Friday, February 22nd. This is an increase from Mcgraw-Hill’s previous quarterly dividend of $0.26.
The McGraw-Hill Companies, Inc. is a global information services provider serving the financial, education, commercial and commodities markets.
To view TheStreet’s full report, visit www.thestreetratings.com
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