Spin Master (TSE:TOY) Given a C$28.00 Price Target by CIBC Analysts

Spin Master (TSE:TOY - Get Free Report) has been given a C$28.00 target price by stock analysts at CIBC in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a "neutral" rating on the stock. CIBC's price target would indicate a potential upside of 17.06% from the company's previous close.

A number of other equities research analysts have also recently issued reports on the company. National Bankshares raised Spin Master from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from C$26.00 to C$29.00 in a research report on Thursday, May 8th. TD Securities reduced their price objective on shares of Spin Master from C$35.00 to C$32.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Jefferies Financial Group decreased their price objective on shares of Spin Master from C$37.00 to C$32.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Royal Bank of Canada dropped their target price on shares of Spin Master from C$32.00 to C$31.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, Canaccord Genuity Group lowered shares of Spin Master from a "buy" rating to a "hold" rating and cut their target price for the stock from C$35.00 to C$26.00 in a research report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of C$32.63.

Spin Master Stock Down 2.2%

Shares of TOY stock traded down C$0.54 on Tuesday, hitting C$23.92. The company's stock had a trading volume of 102,664 shares, compared to its average volume of 107,275. The stock has a market capitalization of C$1.75 billion, a price-to-earnings ratio of 56.61, a P/E/G ratio of 0.57 and a beta of 1.86. Spin Master has a fifty-two week low of C$20.97 and a fifty-two week high of C$35.44. The firm's fifty day moving average price is C$23.72 and its 200-day moving average price is C$28.25. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06.

Insider Activity

In related news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total value of C$31,898.15. 2.20% of the stock is owned by company insiders.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.