Benchmark Upgrades McGraw-Hill (MHP) to Buy; Attractive Valuation and Break Up Value
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Price: $55.93 +0.59%
Rating Summary:
7 Buy, 3 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
7 Buy, 3 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade MHP Now!
Benchmark upgraded McGraw-Hill (NYSE: MHP) from Hold to Buy with a price target of $53.00.
Analyst, Edward J. Atorino, said, "Upgrades to reflect strong growth prospects of McGraw-Hill‘s financial operations and the stock’s discount to estimated break up value following separation of McGraw-Hill Education from McGraw Hill’s financial operations."
"For 2013, we project total revenues of $6.9 billion, up 7%, led by growth at S&P Ratings and Capital IQ with some improvement in Education and further growth at Commodities and Commercial. We project EPS to advance to $3.71, up 11%."
For an analyst ratings summary and ratings history on McGraw-Hill click here. For more ratings news on McGraw-Hill click here.
Shares of McGraw-Hill closed at $43.89 yesterday, with a 52 week range of $34.95-$50.00.
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Analyst, Edward J. Atorino, said, "Upgrades to reflect strong growth prospects of McGraw-Hill‘s financial operations and the stock’s discount to estimated break up value following separation of McGraw-Hill Education from McGraw Hill’s financial operations."
"For 2013, we project total revenues of $6.9 billion, up 7%, led by growth at S&P Ratings and Capital IQ with some improvement in Education and further growth at Commodities and Commercial. We project EPS to advance to $3.71, up 11%."
For an analyst ratings summary and ratings history on McGraw-Hill click here. For more ratings news on McGraw-Hill click here.
Shares of McGraw-Hill closed at $43.89 yesterday, with a 52 week range of $34.95-$50.00.
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