Spin Master (TSE:TOY) Price Target Raised to C$26.00
Spin Master (TSE:TOY) had its price objective hoisted by CIBC from C$20.00 to C$26.00 in a research report report published on Thursday, BayStreet.CA reports.
A number of other equities analysts have also recently commented on TOY. Jefferies Financial Group boosted their price target on shares of Spin Master from C$20.00 to C$24.00 in a research note on Tuesday, July 21st. Canaccord Genuity cut their price target on shares of Spin Master from C$24.00 to C$22.00 in a research note on Friday, May 8th. BMO Capital Markets cut their price target on shares of Spin Master from C$20.00 to C$18.00 in a research note on Monday, May 11th. TD Securities boosted their price target on shares of Spin Master from C$27.00 to C$31.00 and gave the stock a buy rating in a research note on Thursday, July 16th. Finally, National Bank Financial boosted their price target on shares of Spin Master from C$20.00 to C$24.00 and gave the stock a sector perform rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and a consensus target price of C$23.33.
Spin Master stock opened at C$24.98 on Thursday. The firm’s 50 day simple moving average is C$24.32 and its 200 day simple moving average is C$23.17. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 60.29. The firm has a market capitalization of $2.55 billion and a PE ratio of 43.90. Spin Master has a 1-year low of C$9.73 and a 1-year high of C$44.43.
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. The company sells toys and related products to retail customers and distributors, as well as online.
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