Jefferies Starts McGraw-Hill (MHP) at Buy, $54 Target

Jefferies initiates coverage on McGraw-Hill (NYSE: MHP) with a Buy. PT $54.00.

The firm comments, "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.

More subjectively, the management team has focused on active portfolio management and the 'Growth and Value Plan' potentially crystallises incremental shareholder value in the near term."

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 $47.15 yesterday.

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