Spin Master Corp (TOY) Receives Average Rating of “Buy” from Analysts

Spin Master Corp (TSE:TOY) has earned a consensus recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$55.00.

TOY has been the topic of several research analyst reports. Raymond James Financial increased their price target on shares of Spin Master from C$52.00 to C$55.00 in a research report on Wednesday, November 1st. TD Securities lowered shares of Spin Master from an “action list buy” rating to a “buy” rating and increased their price objective for the stock from C$54.00 to C$55.00 in a research note on Wednesday, November 8th. Finally, National Bank Financial increased their price objective on shares of Spin Master from C$50.00 to C$58.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 18th.

Shares of Spin Master (TSE:TOY) traded up C$0.07 during mid-day trading on Friday, hitting C$54.18. 47,781 shares of the stock traded hands, compared to its average volume of 44,097. Spin Master has a twelve month low of C$30.01 and a twelve month high of C$54.75. The company has a market capitalization of $1,520.00 and a PE ratio of 30.96.

Spin Master (TSE:TOY) last issued its quarterly earnings results on Tuesday, November 7th. The company reported C$1.38 EPS for the quarter, missing the consensus estimate of C$1.44 by C($0.06). Spin Master had a return on equity of 104.00% and a net margin of 17.96%.

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Spin Master Company Profile

Spin Master Corp., a children’s 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.

Analyst Recommendations for Spin Master (TSE:TOY)

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