Royal Bank of Canada Increases Spin Master (OTCMKTS:SNMSF) Price Target to C$65.00

Spin Master (OTCMKTS:SNMSFGet Rating) had its price objective raised by Royal Bank of Canada from C$63.00 to C$65.00 in a research note issued to investors on Thursday morning, The Fly reports.

A number of other brokerages have also recently commented on SNMSF. BMO Capital Markets raised shares of Spin Master from a market perform rating to an outperform rating in a report on Monday, April 25th. Stifel Nicolaus increased their price target on shares of Spin Master from C$58.00 to C$60.00 in a report on Wednesday, March 2nd. TD Securities increased their price target on shares of Spin Master from C$60.00 to C$65.00 in a report on Thursday. Canaccord Genuity Group increased their price target on shares of Spin Master from C$56.00 to C$60.00 and gave the stock a buy rating in a report on Wednesday, March 2nd. Finally, CIBC increased their price target on shares of Spin Master from C$55.00 to C$62.00 in a report on Monday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of Buy and a consensus target price of $57.60.

Shares of OTCMKTS:SNMSF opened at $36.60 on Thursday. The company has a 50-day simple moving average of $35.27 and a 200-day simple moving average of $35.67. Spin Master has a one year low of $31.60 and a one year high of $45.00.

Spin Master Company Profile (Get Rating)

Spin Master Corp., a children's entertainment company, creates, designs, manufactures, licenses, and markets various toys, entertainment franchises, and digital games in North America, Europe, and internationally. Its product categories include activities, games and puzzles, and plush; pre-school and girls; boys action and construction; remote control and interactive characters; and outdoor.

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