CIBC Raises Spin Master Corp (TOY) Price Target to C$36.00
Spin Master Corp (TSE:TOY) had its price target raised by equities research analysts at CIBC from C$35.00 to C$36.00 in a report issued on Wednesday. CIBC’s target price points to a potential upside of 3.90% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. 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. Cormark restated a “buy” rating on shares of Spin Master Corp in a report on Thursday, October 6th. TD Securities upped their price objective on shares of Spin Master Corp from C$30.00 to C$33.00 and gave the stock a “buy” rating in a report on Friday, August 5th. Royal Bank Of Canada upped their price objective on shares of Spin Master Corp from C$35.00 to C$38.00 and gave the stock an “outperform” rating in a report on Thursday, November 10th. Finally, National Bank Financial upped their price objective on shares of 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 equities research analysts have rated the stock with a buy rating, Spin Master Corp presently has an average rating of “Buy” and an average price target of C$35.33.
Spin Master Corp (TSE:TOY) traded down 0.29% during trading on Wednesday, hitting $34.55. 25,919 shares of the company’s stock traded hands. Spin Master Corp has a 12 month low of $17.75 and a 12 month high of $35.35. The company’s 50 day moving average is $32.96 and its 200-day moving average is $28.65. The stock has a market cap of $3.51 billion and a P/E ratio of 69.10.
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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