CIBC reiterated their outperform rating on shares of Spin Master Corp (TSE:TOY) in a report released on Tuesday morning.

A number of other equities research analysts have also recently issued reports on TOY. Piper Jaffray Cos. lifted their price target on shares of Spin Master Corp from C$27.00 to C$30.00 and gave the company an overweight rating in a research note on Saturday, August 6th. TD Securities lifted their price target on shares of Spin Master Corp from C$29.00 to C$30.00 and gave the company a buy rating in a research note on Wednesday, June 8th. National Bank Financial lifted their price target on shares of Spin Master Corp from C$32.50 to C$34.00 and gave the company an outperform rating in a research note on Monday, August 8th. RBC Capital Markets lifted their price target on shares of Spin Master Corp from C$30.00 to C$31.00 and gave the company an outperform rating in a research note on Wednesday, August 3rd. Finally, Royal Bank Of Canada raised their price objective on Spin Master Corp from C$30.00 to C$31.00 and gave the company an outperform rating in a report on Thursday, August 4th. Seven equities research analysts have rated the stock with a buy rating, Spin Master Corp presently has a consensus rating of Buy and a consensus price target of C$30.83.

Spin Master Corp (TSE:TOY) opened at 30.20 on Tuesday. The company has a market cap of $3.07 billion and a PE ratio of 60.40. The firm’s 50-day moving average is $28.69 and its 200-day moving average is $25.73. Spin Master Corp has a 52-week low of $17.75 and a 52-week high of $31.49.

About Spin Master Corp

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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