Spin Master (TOY) Given New C$61.00 Price Target at TD Securities

Spin Master (TSE:TOY) had its price target boosted by analysts at TD Securities from C$55.00 to C$61.00 in a research report issued to clients and investors on Monday. TD Securities’ price objective suggests a potential upside of 16.46% from the company’s previous close.

A number of other research firms also recently commented on TOY. National Bank Financial upped their price objective on Spin Master from C$50.00 to C$58.00 and gave the company an “outperform” rating in a report on Wednesday, October 18th. Raymond James Financial upped their price objective on Spin Master from C$52.00 to C$55.00 in a report on Wednesday, November 1st. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Spin Master currently has an average rating of “Buy” and a consensus target price of C$55.86.

Spin Master (TSE TOY) traded up C$0.74 during midday trading on Monday, reaching C$52.38. The company had a trading volume of 35,493 shares, compared to its average volume of 45,369. The company has a market capitalization of $1,490.00 and a P/E ratio of 30.28. Spin Master has a fifty-two week low of C$30.01 and a fifty-two week high of C$54.75.

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

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About Spin Master

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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