Spin Master Corp (TSE:TOY) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$54.54 and last traded at C$53.76, with a volume of 53459 shares. The stock had previously closed at C$52.62.
Several brokerages recently issued reports on TOY. TD Securities downgraded Spin Master from an “action list buy” rating to a “buy” rating and increased their price objective for the stock from C$54.00 to C$55.00 in a research note on Wednesday, November 8th. Raymond James Financial increased their price objective on Spin Master from C$52.00 to C$55.00 in a research note on Wednesday, November 1st. Finally, National Bank Financial upped their target price on Spin Master from C$50.00 to C$58.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$52.75.
The company has a market cap of $1,520.00 and a PE ratio of 30.55.
Spin Master Company Profile
Spin Master Corp., a childrens 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.
Receive News & Ratings for Spin Master Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spin Master and related companies with MarketBeat.com's FREE daily email newsletter.