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Houghton Mifflin Harcourt Co 24.1% Potential Upside Indicated by Oppenheimer

Houghton Mifflin Harcourt Co with TICKER NASDAQ:HMHC has had its stock rating noted as ‘Coverage Initiated’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Oppenheimer. Houghton Mifflin Harcourt Co are listed in the Consumer Services sector within NASDAQ. Oppenheimer have set their target price at 33 USD on its stock. This now indicates the analyst believes there is a potential upside of 24.1% from today’s opening price of 26.6 USD. Houghton Mifflin Harcourt Co NASDAQ:HMHC has a 50 day moving average of 24.29 USD and the 200 Day Moving Average price is recorded at 21.28 USD. The 1 year high share price is 26.72 USD while the 52 week low for the share price is 17.13 USD.

 

Houghton Mifflin Harcourt Co NASDAQ:HMHC (HMH) is a provider of education solutions, delivering content, technology, services and media. The Company serves over 50 million students in over 150 countries worldwide. The Company delivers its offerings to both educational institutions and consumers around the world. The Company operates in two segments: education and trade publishing. The Company’s education segment exports and sells K-12 books to private schools that utilize the United States curriculum, which are located primarily in Asia, the Pacific, the Middle East, Latin America and the Caribbean. The Company’s Trade publishing segment sells works of fiction and non-fiction for adults and children, dictionaries and other reference works through physical and online retail outlets and book distributors, as well as through its e-commerce platform. In July 2014, the Company acquired SchoolChapters, Inc., an educational solutions provider.

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