BMO Capital analyst Gerrick Johnson maintained a Buy rating on Mattel Inc (MAT) today and set a price target of $20. The company’s shares closed yesterday at $13.99.
According to TipRanks.com, Johnson is a 4-star analyst with an average return of 7.2% and a 51.7% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Winnebago Industries, Thor Industries Inc, and Electronic Arts.
The word on The Street in general, suggests a Hold analyst consensus rating for Mattel Inc with a $15.61 average price target, an 11.6% upside from current levels. In a report issued on February 13, Wells Fargo also reiterated a Buy rating on the stock with a $20 price target.
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The company has a one-year high of $17.98 and a one-year low of $9.09. Currently, Mattel Inc has an average volume of 7.12M.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MAT in relation to earlier this year.
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Mattel, Inc. engages in the design, manufacture, and sale of toys. It operates through the following segments: North America, International and American Girl. The North America and International segment markets and sells toys in U.S. and Canada through the Mattel Girls & Boys, Fisher-Price, Construction and Arts & Crafts Brands.
