Spin Master Corp (TOY) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity restated their buy rating on shares of Spin Master Corp (TSE:TOY) in a research report released on Tuesday. They currently have a C$37.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada boosted their price target on shares of Spin Master Corp from C$35.00 to C$38.00 and gave the company an outperform rating in a research report on Thursday, November 10th. RBC Capital Markets boosted their price target on shares of Spin Master Corp from C$33.00 to C$35.00 in a research report on Monday, October 17th. CIBC upped their target price on shares of Spin Master Corp from C$35.00 to C$36.00 in a report on Wednesday, November 16th. TD Securities upped their target price on shares of Spin Master Corp from C$38.00 to C$39.00 and gave the company a buy rating in a report on Thursday, November 10th. Finally, Cormark reaffirmed a buy rating on shares of Spin Master Corp in a report on Thursday, October 6th. Eight research analysts have rated the stock with a buy rating, Spin Master Corp has a consensus rating of Buy and a consensus target price of C$35.57.

Analyst Recommendations for Spin Master Corp (TSE:TOY)

Spin Master Corp (TSE:TOY) traded up 2.12% during midday trading on Tuesday, reaching $33.75. The company had a trading volume of 34,900 shares. Spin Master Corp has a 1-year low of $17.75 and a 1-year high of $39.00. The stock has a market capitalization of $3.43 billion and a PE ratio of 40.42. The firm’s 50 day moving average is $34.95 and its 200 day moving average is $31.02.

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Spin Master Corp Company Profile

Spin Master Corp., formerly SML Investments Inc, is a Canada-based children’s entertainment company. The Company, through Spin Master Ltd. and its subsidiaries, is engaged in creating, designing, manufacturing and marketing a diversified portfolio of toys, games, products and entertainment properties.

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