Spin Master Corp (TOY) Lifted to Action List Buy at TD Securities
Spin Master Corp (TSE:TOY) was upgraded by analysts at TD Securities from a “buy” rating to an “action list buy” rating in a research report issued on Thursday, StockTargetPrices.com reports. The firm currently has a C$45.00 target price on the stock, down from their prior target price of C$48.00. TD Securities’ target price indicates a potential upside of 23.86% from the stock’s current price.
Several other research firms have also issued reports on TOY. BMO Capital Markets reduced their target price on Spin Master Corp from C$38.00 to C$36.00 in a report on Thursday, April 13th. CIBC upped their target price on Spin Master Corp from C$41.00 to C$44.00 in a report on Monday, May 15th. Royal Bank Of Canada upped their target price on Spin Master Corp from C$38.00 to C$43.00 and gave the company an “outperform” rating in a report on Wednesday, March 15th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a C$48.00 target price on shares of Spin Master Corp in a report on Wednesday, May 10th. Finally, National Bank Financial lowered Spin Master Corp from an “outperform overweight” rating to a “sector perform overweight” rating in a report on Friday, May 12th. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of C$39.63.
Spin Master Corp (TSE:TOY) traded up 1.43% during mid-day trading on Thursday, hitting $36.85. The stock had a trading volume of 29,107 shares. The stock has a market cap of $3.75 billion and a PE ratio of 37.45. Spin Master Corp has a 1-year low of $25.23 and a 1-year high of $43.06. The firm’s 50-day moving average price is $38.68 and its 200-day moving average price is $36.28.
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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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