Spin Master (TSE:TOY - Get Free Report) had its price target dropped by stock analysts at TD Securities from C$46.00 to C$37.00 in a report released on Wednesday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. TD Securities' price objective would indicate a potential upside of 34.99% from the stock's previous close.
A number of other research analysts have also recently weighed in on TOY. Cormark lifted their price objective on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. Royal Bank of Canada reduced their price objective on shares of Spin Master from C$46.00 to C$43.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Finally, National Bankshares reduced their price objective on shares of Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of C$37.75.
Read Our Latest Report on Spin Master
Spin Master Stock Up 0.4 %
Shares of TOY stock traded up C$0.11 during trading on Wednesday, reaching C$27.41. The company's stock had a trading volume of 130,494 shares, compared to its average volume of 76,347. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. The company has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 64.87, a P/E/G ratio of 0.57 and a beta of 1.86. The stock's 50-day moving average price is C$31.45 and its 200 day moving average price is C$31.64. Spin Master has a 1-year low of C$26.67 and a 1-year high of C$35.44.
About Spin Master
(
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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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