McGraw Hill Financial Price Target Raised to $76.00 at Barclays Capital (MHFI)
Equities researchers at Barclays Capital boosted their target price on shares of McGraw Hill Financial (NASDAQ:MHFI) from $66.00 to $76.00 in a research report issued on Wednesday, Analyst Ratings.Net reports. The firm currently has an “overweight” rating on the stock. Barclays Capital’s price objective suggests a potential upside of 13.38% from the stock’s previous close.
A number of other analysts have also recently weighed in on MHFI. Analysts at Argus raised their price target on shares of McGraw Hill Financial (NASDAQ:MHFI) from $64.00 to $75.00 in a research note to investors on Friday, September 20th. They now have a “buy” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of McGraw Hill Financial (NASDAQ:MHFI) in a research note to investors on Friday, September 20th. They set a “buy” rating and a $75.00 price target on the stock. Finally, analysts at William Blair initiated coverage on shares of McGraw Hill Financial (NASDAQ:MHFI) in a research note to investors on Monday, September 9th. They set an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $71.83.
McGraw Hill Financial (NASDAQ:MHFI) traded down 0.70% on Wednesday, hitting $66.56. The stock had a trading volume of 756,016 shares. McGraw Hill Financial has a 1-year low of $42.07 and a 1-year high of $67.23. The stock’s 50-day moving average is $62.09 and its 200-day moving average is $56.69. The company has a market cap of $18.317 billion and a price-to-earnings ratio of 17.50. McGraw Hill Financial also was the recipient of some unusual options trading on Monday. Traders bought 12,060 call options on the stock. This is an increase of approximately 1,937% compared to the typical daily volume of 592 call options.
McGraw Hill Financial (NASDAQ:MHFI) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.11. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. Analysts expect that McGraw Hill Financial will post $3.28 EPS for the current fiscal year.
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.