Analysts Set Spin Master Corp (TOY) Price Target at $63.75
Spin Master Corp (TSE:TOY) has earned an average rating of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$62.25.
Several research analysts have issued reports on TOY shares. Raymond James reiterated an “outperform” rating and issued a C$65.00 price objective on shares of Spin Master in a research report on Friday, October 26th. National Bank Financial set a C$65.00 price objective on Spin Master and gave the stock an “outperform” rating in a research report on Thursday, August 16th. TD Securities increased their price objective on Spin Master from C$67.00 to C$68.00 and gave the stock a “buy” rating in a research report on Friday, August 3rd. Royal Bank of Canada cut their price objective on Spin Master from C$66.00 to C$64.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Barclays cut their price objective on Spin Master from C$65.00 to C$63.00 in a research report on Thursday.
In other Spin Master news, insider Chris Harrs sold 21,900 shares of the stock in a transaction on Friday, September 28th. The stock was sold at an average price of C$53.40, for a total value of C$1,169,460.00.
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.
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