Spin Master (TSE:TOY) has been given a C$65.00 price objective by stock analysts at Raymond James in a research report issued on Thursday. The brokerage presently has an “outperform” rating on the stock. Raymond James’ price objective would suggest a potential upside of 38.77% from the stock’s current price.
Several other analysts have also commented on the stock. Barclays restated an “overweight” rating and issued a C$65.00 price objective on shares of Spin Master in a report on Tuesday, September 18th. National Bank Financial set a C$65.00 price objective on shares of Spin Master and gave the stock an “outperform” rating in a report on Thursday, August 16th. Royal Bank of Canada raised their price objective on shares of Spin Master from C$64.00 to C$66.00 and gave the stock an “outperform” rating in a report on Friday, August 3rd. Finally, TD Securities raised their price objective on shares of Spin Master from C$67.00 to C$68.00 and gave the stock a “buy” rating in a report on Friday, August 3rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of C$63.75.
Spin Master stock opened at C$46.84 on Thursday. Spin Master has a 1-year low of C$43.73 and a 1-year high of C$61.76.
In other Spin Master news, insider Chris Harrs sold 21,900 shares of Spin Master stock in a transaction that occurred on Friday, September 28th. The shares were sold at an average price of C$53.40, for a total value of C$1,169,460.00.
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. It operates through five segments: Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction; Pre-School and Girls; and Outdoor.
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