In a report released today, Drew Crum from Stifel Nicolaus maintained a Hold rating on Mattel Inc (NASDAQ: MAT), with a price target of $16. The company’s shares closed yesterday at $17.62.
According to TipRanks.com, Crum is a top 25 analyst with an average return of 39.0% and a 90.9% success rate. Crum covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Electronic Arts, and Harley-Davidson.
Currently, the analyst consensus on Mattel Inc is a Moderate Buy with an average price target of $15.60, which is a -11.5% downside from current levels. In a report issued on June 28, D.A. Davidson also downgraded the stock to Hold with a $12 price target.
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The company has a one-year high of $21.67 and a one-year low of $12.21. Currently, Mattel Inc has an average volume of 4.52M.
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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.
