Spin Master Corp (TOY) PT Raised to C$39.00 at TD Securities
Spin Master Corp (TSE:TOY) had its price objective raised by TD Securities from C$38.00 to C$39.00 in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 11.56% from the stock’s previous close.
Several other analysts have also issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and set a C$30.00 target price on shares of Spin Master Corp in a report on Thursday, July 21st. CIBC reissued an “outperform” rating on shares of Spin Master Corp in a report on Tuesday, September 13th. RBC Capital Markets increased their target price on Spin Master Corp from C$30.00 to C$31.00 and gave the stock an “outperform” rating in a report on Wednesday, August 3rd. Cormark reissued a “buy” rating on shares of Spin Master Corp in a report on Thursday, October 6th. Finally, National Bank Financial increased their target price on Spin Master Corp from C$32.50 to C$34.00 and gave the stock an “outperform” rating in a report on Monday, August 8th. Seven research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of C$35.20.
Shares of Spin Master Corp (TSE:TOY) opened at 34.96 on Thursday. The firm’s 50-day moving average price is $32.77 and its 200 day moving average price is $28.45. Spin Master Corp has a one year low of $17.75 and a one year high of $35.18. The company has a market capitalization of $3.56 billion and a PE ratio of 69.92.
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.
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