McGraw-Hill Started as a “Buy” at Jefferies (MHP)

By
A A A
Share |

Publishing giant The McGraw-Hill Companies, Inc. ( MHP ) on Thursday caught some positive commentary from analysts at Jefferies & Co.

The firm said it initiated coverage on MHP with a "Buy" rating and a $54 price target, suggesting a 14% upside to the stock's Wednesday closing price of $47.15.

A Jefferies analyst commented, "MHP scores highest on our 'resilience' index. With sector beating RoIC, a nimble balance sheet and only limited exposure to Europe, we see MHP as best placed to manage change."

McGraw-Hill shares were unchanged in premarket trading Thursday.

The Bottom Line
Shares of McGraw-Hill ( MHP ) have a 2.16% dividend yield, based on last night's closing stock price of $47.15. The stock has technical support in the $42-$44 price area. If the shares can firm up, we see overhead resistance around the $50-$54 price levels.

The McGraw-Hill Companies, Inc. ( MHP ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Created by Dividend.com


This article appears in: Investing , Stocks

Referenced Stocks: MHP

Dividend.com

Dividend.com

More from Dividend.com:

Related Videos

Stocks

Referenced

Most Active by Volume

75,031,044
  • $16.26 ▲ 0.31%
64,683,841
  • $99.76 ▲ 2.14%
44,561,744
  • $14 ▼ 6.23%
37,984,130
  • $27.93 ▲ 0.36%
36,148,020
  • $94.39 ▲ 1.49%
33,981,456
  • $22.93 ▼ 1.38%
33,971,527
  • $44.08 ▲ 1.03%
33,685,322
  • $76.95 ▲ 1.32%
As of 10/20/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com