Stifel Starts HMH Holding Inc (HMH) at Buy

Stifel analyst Stephen Gengaro initiates coverage on HMH Holding Inc (NASDAQ: HMH) with a Buy rating and a price target of $27.00.

The analyst comments: "We are initiating coverage of HMH Holding with a Buy rating and a $27 target price based on 6.5x projected 2027 EBITDA. We believe HMH is a very well-run business that will benefit from the expected rise in offshore drilling over the next 1-2+ years. Its high-margin aftermarket business should fuel strong margins, and we believe the company's asset-light business model will enable it to generate strong FCF and deploy cash for organic and M&A growth opportunities."

For an analyst ratings summary and ratings history on HMH Holding Inc click here. For more ratings news on HMH Holding Inc click here.

Shares of HMH Holding Inc closed at $20.13 yesterday.

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