TD Securities Cuts Spin Master (TSE:TOY) Price Target to C$37.00

Spin Master (TSE:TOY) had its price objective lowered by stock analysts at TD Securities from C$46.00 to C$37.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 35.53% from the company’s current price.

Other analysts also recently issued research reports about the stock. Cormark raised their price objective on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. National Bankshares decreased their price target on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a research note on Wednesday. Finally, Royal Bank of Canada dropped their price objective on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$37.75.

Spin Master Trading Up 1.1 %

Shares of Spin Master stock opened at C$27.30 on Wednesday. The firm has a market cap of C$2.00 billion, a PE ratio of 64.61, a P/E/G ratio of 0.57 and a beta of 1.86. Spin Master has a 1 year low of C$26.67 and a 1 year high of C$35.44. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. The stock has a fifty day moving average price of C$31.57 and a 200-day moving average price of C$31.67.

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.