Raymond James Thinks Spin Master’s Stock is Going to Recover


Today, an analyst has provided a rating update for the Consumer Goods sector company, Spin Master (TOY). Raymond James’ analyst Kenric Tyghe reiterates their Buy rating on the shares, with a C$62 price target.

According to TipRanks.com, Tyghe is ranked #1470 out of 4918 analysts.

Spin Master has an analyst consensus of Strong Buy, with a price target consensus of C$60.43, a 31.6% upside from current levels. In a report released today, RBC Capital also maintained a Buy rating on the stock with a C$64 price target.

.

The company has a one-year high of C$61.76 and a one-year low of C$43. Currently, Spin Master has an average volume of 119.8K.

Spin Master Corp. engages in the design, marketing, and sale of entertainment products for children. It operates through the following segments: Activities, Games, Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High Tech Construction; Pre School and Girls; and Outdoor.

The company’s shares closed on Thursday at C$45.91, close to its 52-week low of C$43.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts