Royal Bank of Canada Boosts Spin Master Corp (TOY) Price Target to C$43.00
Spin Master Corp (TSE:TOY) had its target price upped by Royal Bank of Canada from C$38.00 to C$43.00 in a report issued on Wednesday morning. Royal Bank of Canada currently has an outperform rating on the stock.
TOY has been the subject of a number of other reports. Canaccord Genuity reiterated a buy rating and set a C$37.00 price objective on shares of Spin Master Corp in a research note on Tuesday, January 10th. CIBC boosted their price objective on Spin Master Corp from C$35.00 to C$36.00 in a research note on Wednesday, November 16th. Finally, TD Securities boosted their price objective on Spin Master Corp from C$39.00 to C$43.00 in a research note on Tuesday, March 14th. Seven research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of C$38.00.
Spin Master Corp (TSE:TOY) opened at 37.85 on Wednesday. Spin Master Corp has a 1-year low of $21.67 and a 1-year high of $39.00. The stock has a market capitalization of $3.44 billion and a P/E ratio of 38.23. The firm’s 50 day moving average is $33.75 and its 200 day moving average is $33.44.
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Spin Master Corp Company Profile
Spin Master Corp., formerly SML Investments Inc, is a Canada-based children’s entertainment company. The Company, through Spin Master Ltd. and its subsidiaries, is engaged in creating, designing, manufacturing and marketing a diversified portfolio of toys, games, products and entertainment properties.
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