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MKM Partners recorded Mattel MAT (NYSE:MAT), scaling down its target to $22.00 today

In a report released on 7/3/2017 MKM Partners lowered the target price of Mattel MAT (NYSE:MAT) from $24.00 to $22.00 reporting a possible upside of 0.05%.

Previously on Friday June 16, 2017, Goldman Sachs Group Inc. The released a statement about Mattel MAT (NYSE:MAT) reduced the target price from $25.00 to $22.00. At the time, this indicated a possible upside of 0.06%.

Just yesterday Mattel MAT (NYSE:MAT) traded -1.66% lower at $20.99. Mattel MAT’s 50-day moving average is $19.66 and its 200-day moving average is $22.71. The last stock price is down -29.36% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 2,670,320 shares of the stock traded hands, down from an average trading volume of 7,500,190

Performance Chart

Mattel MAT (NYSE:MAT)

With a total market value of $0, Mattel MAT has price-earnings ratio of 23.01 with a one year low of $16.03 and a one year high of $33.98 .

A total of 12 equity analysts have released a ratings update on MAT. 5 brokers rating the stock a strong buy, 3 analysts rating the company a buy, seven analysts rating the company a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the company a sell with a one year target of $33.50.

More About Mattel MAT (NYSE: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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