Spin Master (TSE:TOY) Price Target Cut to C$33.00 by Analysts at Stifel Nicolaus

Spin Master (TSE:TOY - Get Free Report) had its price objective decreased by equities researchers at Stifel Nicolaus from C$38.00 to C$33.00 in a research note issued on Thursday,BayStreet.CA reports. Stifel Nicolaus' target price points to a potential upside of 31.95% from the stock's current price.

TOY has been the subject of several other research reports. Royal Bank Of Canada reduced their price target on shares of Spin Master from C$32.00 to C$31.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. National Bankshares raised shares of Spin Master from a "sector perform" rating to an "outperform" rating and upped their price target for the company from C$26.00 to C$29.00 in a research report on Thursday, May 8th. National Bank Financial raised shares of Spin Master from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 7th. Canaccord Genuity Group lowered shares of Spin Master from a "buy" rating to a "hold" rating and reduced their price target for the company from C$35.00 to C$26.00 in a research report on Friday, May 2nd. Finally, Cibc World Mkts raised shares of Spin Master to a "hold" rating in a research report on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$32.00.

Spin Master Stock Performance

Shares of TSE TOY traded down C$0.52 during trading on Thursday, reaching C$25.01. 140,095 shares of the company traded hands, compared to its average volume of 130,772. The firm has a 50 day simple moving average of C$24.28 and a 200-day simple moving average of C$25.87. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61. The stock has a market capitalization of C$1.83 billion, a PE ratio of 59.19, a P/E/G ratio of 0.57 and a beta of 1.86. Spin Master has a 52-week low of C$20.97 and a 52-week high of C$35.44.

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.