Spin Master (TSE:TOY) Upgraded at Seaport Res Ptn

Spin Master (TSE:TOY) was upgraded by research analysts at Seaport Res Ptn to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other equities research analysts have also commented on the company. Canaccord Genuity Group dropped their target price on Spin Master from C$24.00 to C$20.00 in a research report on Wednesday, October 22nd. Jefferies Financial Group reduced their target price on shares of Spin Master from C$28.00 to C$26.00 in a report on Friday, October 31st. Stifel Nicolaus lowered shares of Spin Master from a “buy” rating to a “hold” rating and lowered their price target for the company from C$33.00 to C$25.00 in a report on Friday, August 1st. Royal Bank Of Canada decreased their price objective on Spin Master from C$30.00 to C$29.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Finally, Cormark reduced their price target on Spin Master from C$44.00 to C$39.00 in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$27.63.

Spin Master Stock Performance

Shares of TOY stock opened at C$19.94 on Monday. The business has a fifty day moving average of C$20.57 and a 200 day moving average of C$22.70. Spin Master has a 1 year low of C$18.51 and a 1 year high of C$35.44. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. The firm has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 36.93, a price-to-earnings-growth ratio of 0.57 and a beta of 0.43.

About Spin Master

Spin Master is a children’s entertainment company operating in the roughly $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, boys, preschool and girls, and activities games and puzzles and plush).