Yesterday, an analyst has provided a rating update for the Consumer Goods sector company, Spin Master (TSX: TOY). CIBC’s analyst Robert Bek reiterates their Buy rating on the shares, with a C$63 price target.
According to TipRanks.com, Bek is ranked #484 out of 4850 analysts.
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Spin Master has an analyst consensus of Strong Buy, with a price target consensus of C$63.20, a 21.4% upside from current levels. In a report issued on August 2, Canaccord Genuity also maintained a Buy rating on the stock with a C$63 price target.
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The company has a one-year high of C$61.76 and a one-year low of C$41.73. Currently, Spin Master has an average volume of 93.91K.
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 Wednesday at C$52.05.
