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Mattel (NYSE: MAT) was downgraded by equities research analysts at KeyBanc from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call.

A number of other firms have also recently commented on MAT. Analysts at MKM Partners raised their price target on shares of Mattel from $41.00 to $45.00 in a research note to investors on Thursday, March 7th. They now have a “buy” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Mattel from $44.00 to $50.00 in a research note to investors on Tuesday, February 19th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Mattel in a research note to investors on Tuesday, February 5th. They now have a $41.00 price target on the stock.

Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $43.27.

Mattel (NYSE: MAT) traded down 2.45% on Friday, hitting $42.22. Mattel has a 52-week low of $30.15 and a 52-week high of $44.25. The stock’s 50-day moving average is currently $41.82. The company has a market cap of $14.545 billion and a price-to-earnings ratio of 19.49.

Mattel (NYSE: MAT) last announced its earnings results on Friday, February 1st. The company reported $1.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.15 by $0.03. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the previous year, the company posted $1.07 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Analysts expect that Mattel will post $2.80 EPS for the current fiscal year.

Mattel, Inc. (NYSE: MAT) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.

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