Mattel PT Raised to $45.00 (MAT)
Equities researchers at MKM Partners boosted their price target on shares of Mattel (NASDAQ:MAT) from $44.00 to $45.00 in a research report issued on Thursday. MKM Partners’ price objective would indicate a potential upside of 14.66% from the stock’s previous close.
MAT has been the subject of a number of other recent research reports. Analysts at Needham & Company LLC cut their price target on shares of Mattel from $45.00 to $41.00 in a research note on Monday, April 21st. They now have a “buy” rating on the stock. Separately, analysts at B. Riley cut their price target on shares of Mattel from $41.00 to $39.00 in a research note on Monday, April 21st. They now have a “neutral” rating on the stock. Finally, analysts at Barclays cut their price target on shares of Mattel from $40.00 to $39.00 in a research note on Monday, April 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $39.40.
Shares of Mattel (NASDAQ:MAT) traded down 0.78% during mid-day trading on Thursday, hitting $39.25. 2,066,936 shares of the company’s stock traded hands. Mattel has a 1-year low of $34.98 and a 1-year high of $47.94. The stock’s 50-day moving average is $38.98 and its 200-day moving average is $39.58. The company has a market cap of $13.316 billion and a price-to-earnings ratio of 16.12.
Mattel, Inc (NASDAQ: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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