Spin Master Corp (TOY) PT Raised to C$58.00 at National Bank Financial
Spin Master Corp (TSE:TOY) had its target price boosted by investment analysts at National Bank Financial from C$50.00 to C$58.00 in a report issued on Wednesday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 15.10% from the company’s previous close.
A number of other research firms have also recently issued reports on TOY. Raymond James Financial, Inc. increased their price target on Spin Master Corp from C$48.00 to C$52.00 and gave the stock an “outperform” rating in a report on Thursday, August 3rd. TD Securities upped their target price on Spin Master Corp from C$45.00 to C$54.00 and gave the stock an “action list buy” rating in a research report on Wednesday, August 2nd. Jefferies Group LLC upped their target price on Spin Master Corp from C$39.00 to C$45.00 and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada lowered their target price on Spin Master Corp from C$47.00 to C$45.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 25th. Finally, CIBC upped their target price on Spin Master Corp from C$44.00 to C$50.00 in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of C$52.25.
Spin Master Corp (TSE TOY) traded up 1.53% during mid-day trading on Wednesday, hitting $51.16. 42,063 shares of the stock were exchanged. Spin Master Corp has a 1-year low of $30.01 and a 1-year high of $51.74. The stock has a 50 day moving average price of $46.31 and a 200 day moving average price of $46.31. The company has a market capitalization of $5.20 billion and a PE ratio of 44.03.
In related news, insider Mark Segal sold 101,616 shares of the stock in a transaction on Monday, August 28th. The stock was sold at an average price of C$45.05, for a total value of C$4,577,800.80. Also, Director Benoit Gadbois sold 98,781 shares of the stock in a transaction on Monday, August 28th. The shares were sold at an average price of C$45.11, for a total value of C$4,456,010.91. Insiders have sold 519,340 shares of company stock worth $23,806,842 over the last ninety days.
About Spin Master Corp
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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