A statement released earlier today by Monness Crespi & Hardt about Mattel, Inc. (NASDAQ:MAT) ups the target price to $37.00
- Updated: September 19, 2016
Mattel, Inc. (NASDAQ:MAT) had its estimated target price bumped up to $37 by Monness Crespi & Hardt in a report released 9/19/2016. The new target price suggests a potential upside of 0.18% based on the bussiness’ last closing price.
On 8/29/2016, Vetr Inc. released a statement about Mattel, Inc.(NASDAQ:MAT) raised the target price from $0.00 to $41.14. At the time, this indicated a possible upside of 0.22%.
Yesterday Mattel, Inc. (NASDAQ:MAT) traded 0.22% lower at $31.24. The company’s 50-day average is $33.22 and its two hundred day moving average is $32.37. With the last stock close down 3.50% relative to the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Trade volume was was up over the average, with 4,168,416 shares of MAT changing hands over the typical 2,992,870 shares..
See Graphic Below:
With a market capitalization of $0.0, Mattel, Inc. has a P/E of 31 with a one-year low of $19.45 and a one-year high of $34.76.
In addition to Monness Crespi & Hardt reporting it’s target price, a total of 12 brokerages have issued a ratings update on MAT. The average target stock price is $33.50 with five analysts rating the stock a strong buy, three analysts rating the stock a buy, seven analyts rating the stock a hold, 0 rating the stock to underperform, and finally 0 analystsrating the stock as sell.
More About Mattel, Inc. (NASDAQ:MAT)
Mattel, Inc. manufactures and markets a range of toy products around the world. The Company’s segments are North America; International and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands. The Mattel Girls & Boys Brands category includes Barbie fashion dolls, Monster High, Disney Classics, Ever After High, Little Mommy, and Polly Pocket, Hot Wheels and Matchbox vehicles and play sets, and CARS, Disney Planes, BOOMco, Toy Story, Max Steel, WWE Wrestling and DC Comics. The Fisher-Price Brands category includes Fisher-Price, Little People, BabyGear, Laugh & Learn, Imaginext, Thomas & Friends, Blaze and The Monster Machines, Shimmer and Shine, Mickey Mouse Clubhouse, Minnie Mouse, Octonauts, and Power Wheels. The Construction and Arts & Crafts Brands category includes MEGA BLOKS, and RoseArt and Board Dudes.
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