Spin Master (TSE:TOY - Get Free Report) had its price target lowered by equities research analysts at CIBC from C$26.00 to C$23.00 in a report issued on Tuesday,BayStreet.CA reports. CIBC's target price would suggest a potential upside of 20.73% from the stock's current price.
Other equities research analysts have also recently issued research reports about the company. Cibc World Mkts raised Spin Master to a "hold" rating in a report on Tuesday, June 3rd. National Bankshares dropped their target price on Spin Master from C$29.00 to C$27.00 and set an "outperform" rating on the stock in a report on Friday. Stifel Canada cut Spin Master from a "strong-buy" rating to a "hold" rating in a report on Friday, August 1st. Canaccord Genuity Group dropped their target price on Spin Master from C$26.00 to C$24.00 and set a "hold" rating on the stock in a report on Friday, August 1st. Finally, TD Securities dropped their target price on Spin Master from C$32.00 to C$31.00 and set a "buy" rating on the stock in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Spin Master presently has a consensus rating of "Moderate Buy" and a consensus price target of C$29.75.
Check Out Our Latest Report on Spin Master
Spin Master Stock Performance
Shares of TSE TOY traded down C$0.19 during midday trading on Tuesday, hitting C$19.05. 225,059 shares of the company's stock were exchanged, compared to its average volume of 138,937. 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 stock's 50 day moving average price is C$22.68 and its 200-day moving average price is C$23.53. The firm has a market cap of C$1.93 billion, a P/E ratio of 22.95, a PEG ratio of 0.57 and a beta of 0.66. Spin Master has a twelve month low of C$18.98 and a twelve month high of C$35.44.
Spin Master Company Profile
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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).
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