McGraw Hill Financial Inc (MHFI) was Reiterated by UBS to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 118 from a previous price target of $102 . UBS advised their investors in a research report released on Apr 27, 2016.
Many Wall Street Analysts have commented on McGraw Hill Financial Inc. Shares were Reiterated by FBR Capital on Feb 5, 2016 to “Outperform” and Lowered the Price Target to $ 106 from a previous price target of $111 .
On the company’s financial health, McGraw Hill Financial Inc reported $1.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $1.15. The company had revenue of $1341.00 million for the quarter, compared to analysts expectations of $1362.49 million. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS.
McGraw Hill Financial Inc closed down -0.13 points or -0.13% at $103.37 with 8,28,904 shares getting traded on Friday. Post opening the session at $102.63, the shares hit an intraday low of $102.63 and an intraday high of $104 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Mar 28, 2016, Donald R. Howard (EMD, Chief Risk Officer) sold 3,700 shares at $96.28 per share price. According to the SEC, on Sep 22, 2015, Michael Chinn (President,SPCIQ/SNL Financial) purchased 5,500 shares at $92.85 per share price. On Aug 6, 2015, Lawrence Neal (President, Platts) sold 930 shares at $101.51 per share price, according to the Form-4 filing with the securities and exchange commission.
McGraw Hill Financial Inc. is a benchmarks and ratings analytics data and research provider serving the global capital commodities and commercial markets. The Company operate in four business segments: S&P Ratings which provides credit ratings research and analytics offering investors and market participants information ratings and benchmarks; S&P Capital IQ which provides multi-asset-class data research and analytical capabilities which integrate cross-asset analytics and desktop services; S&P Dow Jones Indices which is a global index provider that maintains a range of valuation and index benchmarks for investment advisors wealth managers and institutional investors and Commodities & Commercial which consists of business-to-business companies focused on commercial and commodities markets that deliver their customers access to information data analytic services and pricing and quality benchmarks.