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

Spin Master (TSE:TOY) had its price objective decreased by stock analysts at Jefferies Financial Group from C$28.00 to C$26.00 in a report released on Friday,BayStreet.CA reports. Jefferies Financial Group’s price target points to a potential upside of 24.82% from the company’s previous close.

Several other research firms have also issued reports on TOY. Canaccord Genuity Group cut their target price on Spin Master from C$24.00 to C$20.00 in a research note on Wednesday, October 22nd. Royal Bank Of Canada lowered their price target on shares of Spin Master from C$30.00 to C$29.00 and set an “outperform” rating on the stock in a report on Wednesday. National Bankshares reduced their price objective on shares of Spin Master from C$29.00 to C$27.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. Stifel Nicolaus cut shares of Spin Master from a “buy” rating to a “hold” rating and decreased their target price for the company from C$33.00 to C$25.00 in a research report on Friday, August 1st. Finally, TD Securities lowered their target price on shares of Spin Master from C$31.00 to C$29.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$27.63.

Spin Master Price Performance

TSE TOY opened at C$20.83 on Friday. The company has a market cap of C$2.10 billion, a PE ratio of 25.10, a P/E/G ratio of 0.57 and a beta of 0.47. The firm’s 50 day moving average price is C$20.90 and its 200-day moving average price is C$22.79. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14. Spin Master has a 52-week low of C$18.51 and a 52-week high of C$35.44.

Spin Master Company Profile

Spin Master is a children’s entertainment company operating in the roughly $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, boys, preschool and girls, and activities games and puzzles and plush).