Mattel Price Target Raised to $45.00 at MKM Partners (MAT)
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets raised their price target on shares of Mattel from $44.00 to $50.00 in a research note to investors on Tuesday, February 19th. They now have an outperform rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Mattel in a research note to investors on Tuesday, February 5th. They now have a $41.00 price target on the stock. Finally, analysts at Barclays Capital raised their price target on shares of Mattel from $37.00 to $39.00 in a research note to investors on Monday, February 4th. They now have an equal weight rating on the stock.
Nine equities research analysts have rated the stock with a buy rating, and five have assigned a hold rating to the company’s stock. Mattel presently has a consensus rating of overweight and an average price target of $43.70.
Mattel traded up 0.42% on Thursday, hitting $41.605. Mattel has a 1-year low of $30.15 and a 1-year high of $41.64. The stock’s 50-day moving average is currently $39.66. The company has a market cap of $14.295 billion and a price-to-earnings ratio of 18.65.
Mattel, Inc. (Mattel) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.
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