Spin Master (TOY) PT Lowered to C$64.00

Spin Master (TSE:TOY) had its target price trimmed by Royal Bank of Canada from C$66.00 to C$64.00 in a research report report published on Thursday morning. The brokerage currently has an outperform rating on the stock.

TOY has been the subject of several other research reports. National Bank Financial set a C$65.00 target price on shares of Spin Master and gave the company an outperform rating in a research note on Thursday, August 16th. Raymond James reaffirmed an outperform rating and issued a C$65.00 target price on shares of Spin Master in a research note on Friday, October 26th. TD Securities upped their target price on shares of Spin Master from C$67.00 to C$68.00 and gave the company a buy rating in a research note on Friday, August 3rd. Finally, Barclays reaffirmed an overweight rating and issued a C$65.00 target price on shares of Spin Master in a research note on Tuesday, September 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Spin Master presently has a consensus rating of Buy and a consensus target price of C$62.25.

Shares of TSE:TOY opened at C$45.96 on Thursday. Spin Master has a 52 week low of C$43.00 and a 52 week high of C$61.76. The company has a current ratio of 1.48, a quick ratio of 1.04 and a debt-to-equity ratio of 6.30.

In other news, insider Chris Harrs sold 21,900 shares of the stock in a transaction on Friday, September 28th. The shares were sold at an average price of C$53.40, for a total transaction of C$1,169,460.00.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally. It operates through five segments: Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction; Pre-School and Girls; and Outdoor.

Further Reading: Google Finance Portfolio Workaround

Analyst Recommendations for Spin Master (TSE:TOY)

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