Mattel (NASDAQ:MAT) target bumped up to $36.00, issued a ratings update today by MKM Partners
- Updated: October 10, 2016
Having a price of $30.06, Mattel (NASDAQ:MAT) traded 0.86% higher on the day. The last closing price is down -5.75% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $32.03 and a 200-day moving average of $32.17. 965,475 shares of the stock traded hands, down from an average trading volume of 2,951,820
In a report released on 10/10/2016 MKM Partners increased the stock price target of Mattel (NASDAQ:MAT) to $36.00 reporting a potential upside of 0.20%.
On 9/21/2016, Zacks Investment Research released a statement on Mattel (NASDAQ:MAT) upped the target price from $0.00 to $35.00 that suggested an upside of 0.11%.
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Mattel has a 52 week low of $22.00 and a 52 week high of $34.76 with a P/E ratio of 30.02 The company’s market cap is currently $0.
In addition to MKM Partners reporting its stock price target, a total of 12 brokers have issued a report on the company. The average stock price target is $33.50 with 5 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Mattel (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, RoseArt and Board Dudes.
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