Spin Master (TOY) Price Target Cut to C$62.00
A number of other equities research analysts also recently issued reports on TOY. Barclays cut their price target on Spin Master from C$65.00 to C$63.00 in a research note on Thursday. National Bank Financial cut their price target on Spin Master from C$65.00 to C$60.00 and set an outperform rating for the company in a research note on Thursday. Royal Bank of Canada cut their price target on Spin Master from C$66.00 to C$64.00 and set an outperform rating for the company in a research note on Thursday. Finally, TD Securities boosted their price target on Spin Master from C$67.00 to C$68.00 and gave the company a buy rating in a research note on Friday, August 3rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Spin Master has an average rating of Buy and an average target price of C$62.25.
Spin Master stock opened at C$45.96 on Thursday. Spin Master has a 52-week low of C$43.00 and a 52-week high of C$61.76. The company has a quick ratio of 1.04, a current ratio of 1.48 and a debt-to-equity ratio of 6.30.
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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