Spin Master (TSE:TOY – Get Free Report) had its target price lowered by research analysts at Royal Bank of Canada from C$32.00 to C$31.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 35.14% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. TD Securities cut their target price on Spin Master from C$38.00 to C$35.00 and set a “buy” rating on the stock in a research report on Friday, April 25th. National Bankshares reduced their price objective on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 26th. Canaccord Genuity Group downgraded Spin Master from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$35.00 to C$26.00 in a report on Friday. Jefferies Financial Group reduced their price target on shares of Spin Master from C$37.00 to C$32.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. Finally, Stifel Nicolaus decreased their price target on shares of Spin Master from C$40.00 to C$38.00 and set a “buy” rating for the company in a research note on Friday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$34.13.
View Our Latest Stock Analysis on TOY
Spin Master Price Performance
Insiders Place Their Bets
In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15. 2.20% of the stock is owned by insiders.
Spin Master Company Profile
Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.
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