Spin Master (TSE:TOY) Price Target Cut to C$32.00 by Analysts at National Bankshares

Spin Master (TSE:TOY) had its price target dropped by stock analysts at National Bankshares from C$35.00 to C$32.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ target price would suggest a potential upside of 18.52% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Royal Bank of Canada cut their price target on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Cormark raised their price target on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$37.75.

Spin Master Stock Down 3.6 %

TOY stock traded down C$1.02 during midday trading on Wednesday, hitting C$27.00. The stock had a trading volume of 222,161 shares, compared to its average volume of 66,194. Spin Master has a 52-week low of C$26.67 and a 52-week high of C$35.44. The firm has a market cap of C$1.98 billion, a price-to-earnings ratio of 63.90, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The business has a 50-day moving average of C$31.80 and a two-hundred day moving average of C$31.74. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.