15:36:31 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Spin Master Corp
Symbol TOY
Shares Issued 34,961,481
Close 2023-11-03 C$ 34.33
Market Cap C$ 1,200,227,643
Recent Sedar Documents

Globe says Hannan maintains Spin Master at "buy"

2023-11-03 08:00 ET - In the News

The Globe and Mail reports in its Friday, Nov. 3, edition that Canaccord Genuity analyst Luke Hannan has reaffirmed his "buy" recommendation for Spin Master. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hannan cut his share target back by $3 to $52. Analysts on average target the shares at $50.57. Mr. Hannan says in a note, "Given Spin Master's ability to create coveted toy brands and verticals, the complementary acquisition of Melissa & Doug (pending close of the deal in Q1/24), and the current valuation, we believe the shares are compelling at current levels." The Globe reported on April 29 that National Bank Financial analyst Adam Shine had elevated his recommendation for Spin Master to "outperform" from "sector perform." Its shares were then going for $38.55. The Globe reported on Aug. 4 that RBC Capital analyst Sabahat Khan had reaffirmed his "outperform" recommendation for Spin Master, which could then be had for $36.40. The Globe reported on Oct. 13 and Oct. 27 that Stifel analyst Martin Landry had reaffirmed his "buy" call on Spin Master. It was then worth $37.19 and $34.66.

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