Analyst Rating Update on Houghton Mifflin Harcourt Company (HMHC)

Houghton Mifflin Harcourt Company (HMHC) : 2 brokerage houses believe that Houghton Mifflin Harcourt Company (HMHC) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Houghton Mifflin Harcourt Company (HMHC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 2.2.

Houghton Mifflin Harcourt Company (HMHC) : The highest short term price target forecast on Houghton Mifflin Harcourt Company (HMHC) is $33 and the lowest target price is $23. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $27 with a standard deviation of $5.29.

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


Houghton Mifflin Harcourt Company (NASDAQ:HMHC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.20 and $17.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.35, notching a gain of 0.99% for the day. The total traded volume was 872,826 . The stock had closed at $17.18 on the previous day.

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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