Brokerages Set HMH Holding Inc (NASDAQ:HMH) PT at $28.40

HMH Holding Inc (NASDAQ:HMH) has received an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $28.40.

A number of research firms have weighed in on HMH. Citigroup started coverage on HMH in a research note on Sunday, April 26th. They issued a “buy” rating and a $30.00 price target on the stock. Wall Street Zen cut HMH from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Pickering Energy Partners began coverage on shares of HMH in a research note on Monday, April 27th. They issued an “outperform” rating on the stock. Stifel Nicolaus assumed coverage on shares of HMH in a research report on Monday, April 27th. They set a “buy” rating and a $27.00 price objective for the company. Finally, Piper Sandler initiated coverage on shares of HMH in a report on Monday, April 27th. They issued an “overweight” rating and a $32.00 target price for the company.

HMH Stock Up 0.9%

NASDAQ:HMH opened at $19.44 on Friday. HMH has a 12-month low of $16.32 and a 12-month high of $24.50. The company has a fifty day moving average of $20.49.

HMH (NASDAQ:HMH) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $17,240.00 EPS for the quarter. The firm had revenue of $171.32 million during the quarter.

About HMH

Houghton Mifflin Harcourt (HMH) is an education and learning company that produces curricular content, instructional materials, assessment tools and digital learning platforms primarily for the K–12 market. The company develops and licenses print and digital resources designed to support classroom instruction, remote and blended learning, and student assessment across a range of subjects and grade levels.

HMH’s offerings include core and supplemental curricula, adaptive and online learning technologies, formative and summative assessments, and professional development services for educators.