Houghton Mifflin Harcourt Company (HMHC) Receives Analyst Rating

Houghton Mifflin Harcourt Company (HMHC) : The consensus on Houghton Mifflin Harcourt Company (HMHC) based on 6 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Houghton Mifflin Harcourt Company (HMHC) : 4 Wall Street analysts covering Houghton Mifflin Harcourt Company (HMHC) believe that the average level the stock could reach for the short term is $21.75. The maximum price target given is $33 and the minimum target for short term is around $17, hence the standard deviation is calculated at $7.63.


Also, Citigroup maintains their rating on the shares of Houghton Mifflin Harcourt Company (NASDAQ:HMHC). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $23 per share from $29 per share. The rating by the firm was issued on August 17, 2016.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC): After opening at $14.87, the stock dipped to an intraday low of $14.7642 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.99 and the buying power remained strong till the end. The stock closed at $14.92 for the day, a gain of 0.40% for the day session. The total traded volume was 461,367. The stocks close on the previous trading day was $14.86.

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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