Jefferies Financial Group Has Lowered Expectations for Spin Master (TSE:TOY) Stock Price

Spin Master (TSE:TOY) had its price target dropped by investment analysts at Jefferies Financial Group from C$37.00 to C$32.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 44.47% from the company’s current price.

Other analysts have also issued research reports about the company. TD Securities cut their price objective on Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a report on Wednesday, February 26th. National Bankshares cut their price target on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 26th. Royal Bank of Canada lowered their price objective on shares of Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Stifel Nicolaus reduced their price objective on Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Finally, Canaccord Genuity Group lowered their target price on Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Spin Master currently has a consensus rating of “Moderate Buy” and a consensus price target of C$37.38.

Spin Master Trading Up 1.3 %

Shares of TOY stock opened at C$22.15 on Thursday. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. Spin Master has a 12-month low of C$20.97 and a 12-month high of C$35.44. The stock has a market capitalization of C$1.62 billion, a P/E ratio of 52.42, a P/E/G ratio of 0.57 and a beta of 1.86. The firm’s 50 day moving average is C$25.77 and its 200 day moving average is C$29.95.

Insider Transactions at Spin Master

In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total transaction of C$31,898.15. Corporate insiders own 2.20% of the company’s stock.

About Spin Master

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.