Stifel Maintains Buy Rating on McGraw Hill (MH) With $19 Price Target

McGraw Hill Inc. (NYSE:MH) is one of the most promising mid-cap consumer staples stocks under $100.

On January 8, Shlomo Rosenbaum from Stifel Nicolaus reiterated a positive outlook for McGraw Hill Inc. (NYSE:MH), assigning a Buy rating. Rosenbaum’s estimates yield an almost 20% upside from prevailing levels, with a target price of $19.

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This rating comes following the announcement of a leadership change for McGraw Hill Inc. (NYSE:MH). CEO and President Simon Allen will be replaced by Philip Moyer, effective February 9. Allen will continue to serve as the Chairman of the Board, and Rosenbaum sees this announcement as “somewhat unusual” from a timing perspective, as the company just got listed 6 months back.

However, the analyst noted that despite not having an Education industry background, the incoming CEO, Moyer, seems to be an interesting pick given his experience with technology businesses and AI focus.

Back on December 22, Goldman Sachs analyst George Tong also reiterated his bullish views on McGraw Hill Inc. (NYSE:MH). Tong assigned a Buy rating and lowered his price target from $25 to $22. This still results in an almost 39% upside for investors.

The analyst forecasted a healthy topline growth for the K-12 segment in 2026, but slightly meager operating margins. He also anticipated decelerating growth for the Global Professional segment amid the phasing out of their legacy products. However, the prospects for the Higher education segment remain strong, and the company is well-positioned to benefit from AI capabilities, backed by extensive proprietary content.

McGraw Hill Inc. (NYSE:MH) is a global education science company that functions through its 4 segments, i.e., K-12, Higher Education, Global Professional, and International. Through these segments, they offer learning solutions, instructional materials, and academic curricula, both in print and digital form.

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Disclosure: None. This article is originally published at Insider Monkey.