Analyst Rating Update on Houghton Mifflin Harcourt Company (HMHC)

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) : Currently there are 3 street experts covering Houghton Mifflin Harcourt Company (NASDAQ:HMHC) stock. The most bullish and bearish price target for the stock is $33 and $23 respectively for the short term. The average price target of all the analysts comes to $27. The estimated standard deviation from the target is $5.29.

For the current week, the company shares have a recommendation consensus of Buy.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC): stock turned positive on Tuesday. Though the stock opened at $15.02, the bulls momentum made the stock top out at $15.27 level for the day. The stock recorded a low of $14.915 and closed the trading day at $15.03, in the green by 1.62%. The total traded volume for the day was 1,034,377. The stock had closed at $14.79 in the previous days trading.

In an insider trading activity,The officer (See remarks.) of Houghton Mifflin Harcourt Co, Dragoon John sold 25,000 shares at $20.41 on May 2, 2016. The Insider selling transaction had a total value worth of $510,250. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Houghton Mifflin Harcourt Company (HMH) is a global learning company, specializing in education solutions across a variety of media. The Company operates in two segments: Education and Trade Publishing. Its Education segment provides educational products, technology platforms and services to meet the diverse needs of classrooms. Its Trade Publishing segment develops, markets and sells consumer books in print and digital formats and licenses book rights to other publishers and electronic businesses in the United States and abroad. It delivers content, services and technology to both educational institutions and consumers, in more than 150 countries across the world. In the United States, the Company is a provider of Kindergarten through 12th grade (K-12) educational content. Its content includes characters and titles such as Curious George, Carmen Sandiego, The Oregon Trail, The Little Prince, The Lord of the Rings, Life of Pi, Websters New World Dictionary and Cliffs Notes.

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