Spin Master Corp (TOY) Upgraded at BMO Capital Markets
Spin Master Corp (TSE:TOY) was upgraded by research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued to investors on Tuesday. The brokerage currently has a C$68.00 price target on the stock, up from their prior price target of C$36.00. BMO Capital Markets’ target price would indicate a potential upside of 46.49% from the stock’s current price.
Other research analysts have also recently issued research reports about the company. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a C$48.00 target price on shares of Spin Master Corp in a research report on Wednesday, May 10th. National Bank Financial upgraded Spin Master Corp from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, June 21st. CIBC boosted their price target on Spin Master Corp from C$41.00 to C$44.00 in a report on Monday, May 15th. TD Securities restated a “buy” rating and set a C$43.00 price target on shares of Spin Master Corp in a report on Wednesday, April 26th. Finally, Royal Bank Of Canada boosted their price target on Spin Master Corp from C$45.00 to C$54.00 and gave the stock an “outperform” rating in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Spin Master Corp currently has a consensus rating of “Buy” and a consensus target price of C$51.25.
Spin Master Corp (TSE TOY) traded down 2.17% during trading on Tuesday, reaching $46.42. 95,420 shares of the company traded hands. Spin Master Corp has a 12 month low of $26.97 and a 12 month high of $48.14. The company’s 50-day moving average is $37.63 and its 200 day moving average is $36.94. The company has a market cap of $4.72 billion and a PE ratio of 39.95.
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Spin Master Corp Company Profile
Spin Master Corp., a childrens entertainment company, creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally. It operates through five segments: Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction; Pre-School and Girls; and Outdoor.
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