RBC Capital Markets Increases Spin Master Corp (TOY) Price Target to C$35.00
Spin Master Corp (TSE:TOY) had its target price increased by equities research analysts at RBC Capital Markets from C$33.00 to C$35.00 in a report issued on Monday. RBC Capital Markets’ price objective would suggest a potential upside of 10.27% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Cormark reissued a “buy” rating on shares of Spin Master Corp in a report on Thursday, October 6th. TD Securities boosted their price objective on shares of Spin Master Corp from C$30.00 to C$33.00 and gave the company a “buy” rating in a report on Friday, August 5th. Royal Bank Of Canada boosted their price objective on shares of Spin Master Corp from C$33.00 to C$35.00 and gave the company an “outperform” rating in a report on Monday. CIBC reissued an “outperform” rating on shares of Spin Master Corp in a report on Tuesday, September 13th. Finally, National Bank Financial boosted their price objective on shares of Spin Master Corp from C$32.50 to C$34.00 and gave the company an “outperform” rating in a report on Monday, August 8th. Seven investment analysts have rated the stock with a buy rating, Spin Master Corp has an average rating of “Buy” and an average target price of C$33.40.
Shares of Spin Master Corp (TSE:TOY) opened at 31.74 on Monday. Spin Master Corp has a 1-year low of $17.75 and a 1-year high of $34.00. The firm has a 50-day moving average of $30.93 and a 200 day moving average of $27.17. The stock has a market capitalization of $3.23 billion and a PE ratio of 63.48.
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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