National Bank Financial Downgrades Spin Master Corp (TOY) to Sector Perform Overweight

National Bank Financial downgraded shares of Spin Master Corp (TSE:TOY) from an outperform overweight rating to a sector perform overweight rating in a report published on Friday, May 12th.

TOY has been the topic of a number of other reports. Royal Bank Of Canada raised their price target on Spin Master Corp from C$38.00 to C$43.00 and gave the company an outperform rating in a research note on Wednesday, March 15th. TD Securities reiterated a buy rating and set a C$43.00 target price on shares of Spin Master Corp in a research report on Wednesday, April 26th. BMO Capital Markets cut their target price on Spin Master Corp from C$38.00 to C$36.00 in a research report on Thursday, April 13th. Raymond James Financial, Inc. reiterated an outperform rating and set a C$48.00 target price on shares of Spin Master Corp in a research report on Wednesday, May 10th. Finally, CIBC lifted their target price on Spin Master Corp from C$36.00 to C$41.00 in a research report on Wednesday, March 15th. Seven equities research analysts have rated the stock with a buy rating, Spin Master Corp has a consensus rating of Buy and a consensus price target of C$40.00.

Shares of Spin Master Corp (TSE:TOY) traded down 1.39% during trading on Friday, hitting $34.87. The stock had a trading volume of 162,090 shares. The stock has a 50-day moving average price of $39.28 and a 200 day moving average price of $36.09. Spin Master Corp has a 12 month low of $24.38 and a 12 month high of $43.06. The company has a market cap of $3.55 billion and a P/E ratio of 35.44.

ILLEGAL ACTIVITY NOTICE: This piece of content was reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of United States and international copyright law. The correct version of this piece of content can be read at https://www.com-unik.info/2017/06/17/spin-master-corp-toy-downgraded-by-national-bank-financial-updated-updated-updated.html.

About Spin Master Corp

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.

What are top analysts saying about Spin Master Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Spin Master Corp and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit