JAKKS Pacific Coverage Initiated by Analysts at B. Riley (JAKK)
Research analysts at B. Riley assumed coverage on shares of JAKKS Pacific (NASDAQ:JAKK) in a report released on Friday, Analyst Ratings Network.com reports. The firm set a “neutral” rating on the stock.
A number of other firms have also recently commented on JAKK. Analysts at Needham & Company upgraded shares of JAKKS Pacific from an “underperform” rating to a “hold” rating in a research note to investors on Wednesday, September 25th. They noted that the move was a valuation call. Separately, analysts at Thomson Reuters/Verus downgraded shares of JAKKS Pacific from a “hold” rating to a “sell” rating in a research note to investors on Monday, August 26th. Finally, analysts at BMO Capital Markets upgraded shares of JAKKS Pacific from an “underperform” rating to a “market perform” rating in a research note to investors on Wednesday, August 14th. They now have a $6.00 price target on the stock, down previously from $7.00. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $9.38.
Shares of JAKKS Pacific (NASDAQ:JAKK) opened at 4.79 on Friday. JAKKS Pacific has a 52 week low of $4.45 and a 52 week high of $13.86. The stock’s 50-day moving average is $4.85 and its 200-day moving average is $8.07. The company’s market cap is $105.0 million.
JAKKS Pacific, Inc (NASDAQ:JAKK) is a multi-line, multi-brand toy company that designs, produces, markets and distributes toys and related products, pet toys, consumables and related products, electronics and related products, kids indoor and outdoor furniture, and other consumer products.
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