BMO Capital analyst Jeffrey Silber has maintained their bullish stance on MH stock, giving a Buy rating on December 2.
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Jeffrey Silber has given his Buy rating due to a combination of factors that suggest a positive outlook for McGraw Hill, Inc. The company has been proactive in managing its debt, with recent prepayments reducing interest expenses and positioning it well to achieve its long-term leverage targets. This financial prudence is expected to contribute to the company’s overall financial health and stability.
Additionally, McGraw Hill is poised to capitalize on growth opportunities in its core markets, particularly in U.S. Higher Education and K-12 sectors. The company’s strategic focus on integrating technology into its offerings is anticipated to drive further growth and margin expansion. Silber also notes that the stock is trading at a discount to its intrinsic value, indicating potential upside for investors as the company continues to strengthen its market position.
Silber covers the Consumer Defensive sector, focusing on stocks such as Stride, Adtalem Global Education, and Strategic Education. According to TipRanks, Silber has an average return of 4.8% and a 52.83% success rate on recommended stocks.
In another report released on December 2, BTIG also maintained a Buy rating on the stock with a $22.00 price target.