RBC Capital Markets Raises Spin Master Corp (TOY) Price Target to C$35.00
Spin Master Corp (TSE:TOY) had its price objective increased by investment analysts at RBC Capital Markets from C$33.00 to C$35.00 in a research note issued to investors on Monday. RBC Capital Markets’ price target points to a potential upside of 11.61% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. Royal Bank Of Canada lifted their price target on shares of Spin Master Corp from C$33.00 to C$35.00 and gave the company an “outperform” rating in a report on Monday. TD Securities lifted their price target on shares of Spin Master Corp from C$30.00 to C$33.00 and gave the company a “buy” rating in a report on Friday, August 5th. National Bank Financial lifted their price target on shares of Spin Master Corp from C$32.50 to C$34.00 and gave the company an “outperform” rating in a report on Monday, August 8th. Piper Jaffray Cos. lifted their price target on shares of Spin Master Corp from C$27.00 to C$30.00 and gave the company an “overweight” rating in a report on Saturday, August 6th. Finally, Cormark reiterated a “buy” rating on shares of Spin Master Corp in a report on Thursday, October 6th. Seven equities research analysts have rated the stock with a buy rating, Spin Master Corp has an average rating of “Buy” and an average price target of C$33.40.
Shares of Spin Master Corp (TSE:TOY) traded down 0.26% during mid-day trading on Monday, hitting $31.28. 11,519 shares of the stock traded hands. Spin Master Corp has a 1-year low of $17.75 and a 1-year high of $34.00. The company has a market capitalization of $3.18 billion and a PE ratio of 62.56. The company’s 50-day moving average price is $30.72 and its 200 day moving average price is $26.97.
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Spin Master Corp Company Profile
Spin Master Corp., formerly SML Investments Inc, is a Canada-based children’s entertainment company. The Company, through Spin Master Ltd. and its subsidiaries, is engaged in creating, designing, manufacturing and marketing a diversified portfolio of toys, games, products and entertainment properties.
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