Mattel (MAT) has an average broker rating of 2, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Mattel (MAT) : 10 investment research analysts covering Mattel (MAT) have an average price target of $34 for the near short term. The highest target price given by the Brokerage Firm to the stock is $38 and the lowest target is $29 for the short term. Analysts expect the variance to be within $3.37 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Mattel (NASDAQ:MAT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.88 and $33.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.12, notching a gain of 1.07% for the day. The total traded volume was 2,274,586 . The stock had closed at $33.76 on the previous day.
In a related news, White Loyd Kathy, director of Mattel Inc /De/, unloaded 2,700 shares at an average price of $30.6 on May 20, 2016. The total amount of the transaction was worth $82,620, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
MATTEL, INC. designs, manufactures, and markets a variety of toy products around the world, which are sold to its customers and directly to consumers. The Company operates through three segments: North America, which consists of the United States and Canada, International, and American Girl. The Companys North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands, Fisher-Price Brands, and Construction and Arts & Crafts Brands categories. The Companys International segment products are developed and marketed by the North America segment, although some are developed or adapted for particular international markets. The Companys American Girl segment is a direct marketer, childrens publisher, and retailer for its line of historical dolls, books, and accessories, as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.