Mattel (MAT) – Research Analysts’ Weekly Ratings Changes
Mattel (NYSE: MAT) received a number of ratings updates from brokerages and research firms in the last week:
- Mattel had its “sell” rating reaffirmed by analysts at Goldman Sachs Group Inc..
- Mattel was downgraded by analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating.
- Mattel had its price target lowered by analysts at Needham & Company from $50.00 to $45.00.
- Mattel was downgraded by analysts at Longbow Research from a “buy” rating to a “neutral” rating. They now have a $48.00 price target on the stock.
- Mattel was downgraded by analysts at SunTrust from a “buy” rating to a “neutral” rating. They now have a $40.00 price target on the stock, down previously from $50.00.
- Mattel was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $41.00 price target on the stock, down previously from $55.00.
Shares of Mattel Inc. (NYSE:MAT) opened at 36.05 on Tuesday. Mattel Inc. has a 52-week low of $37.19 and a 52-week high of $48.48. The stock’s 50-day moving average is $44.81 and its 200-day moving average is $43.57. The company has a market cap of $12.235 billion and a P/E ratio of 14.67.
Mattel, Inc. (NYSE:MAT) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.