23.92 % to Target, BMO Capital Reiterates ‘”Buy”’ Rating on Mattel Inc (NASDAQ:MAT) Shares Today

January 20, 2018 - By Nellie Frank

 23.92 % to Target, BMO Capital Reiterates ‘

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. It fall, as 72 investors sold Mattel, Inc. shares while 132 reduced holdings. 36 funds opened positions while 126 raised stakes. 359.18 million shares or 14.87% more from 312.67 million shares in 2017Q2 were reported.

Schafer Cullen Management holds 33,317 shares. 48,825 are held by . Johnson Financial Group has invested 0% in Mattel, Inc. (NASDAQ:MAT). Shelton Capital Mngmt, a California-based fund reported 27,822 shares. Voya Management Llc reported 0.01% stake. Bryn Mawr Tru holds 0.11% in Mattel, Inc. (NASDAQ:MAT) or 129,479 shares. Kentucky Retirement Systems holds 0.02% or 21,033 shares in its portfolio. Concorde Asset Management Limited Liability Corp has invested 0.15% in Mattel, Inc. (NASDAQ:MAT). 471,086 are owned by Prudential. Sasco Cap Ct holds 1.08% in Mattel, Inc. (NASDAQ:MAT) or 1.95M shares. Bnp Paribas Arbitrage holds 0.02% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 565,095 shares. Psagot Investment House Limited invested in 186 shares. Ftb Advsr has invested 0% in Mattel, Inc. (NASDAQ:MAT). Sprucegrove Investment Management Limited invested 0.88% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Pnc Fincl invested in 0% or 155,328 shares.

Mattel Inc (NASDAQ:MAT) Rating Reaffirmed

Recently, In an analyst note published on 30 October, Mattel Inc (NASDAQ:MAT) shares have had their “Buy” Rating restate by stock research analysts at BMO Capital, who currently has a $20.0 TP on firm. This target by BMO Capital means the possibile upside of 23.92 % from the current price.

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. It fall, as 72 investors sold Mattel, Inc. shares while 132 reduced holdings. 36 funds opened positions while 126 raised stakes. 359.18 million shares or 14.87% more from 312.67 million shares in 2017Q2 were reported.

Schafer Cullen Management holds 33,317 shares. 48,825 are held by . Johnson Financial Group has invested 0% in Mattel, Inc. (NASDAQ:MAT). Shelton Capital Mngmt, a California-based fund reported 27,822 shares. Voya Management Llc reported 0.01% stake. Bryn Mawr Tru holds 0.11% in Mattel, Inc. (NASDAQ:MAT) or 129,479 shares. Kentucky Retirement Systems holds 0.02% or 21,033 shares in its portfolio. Concorde Asset Management Limited Liability Corp has invested 0.15% in Mattel, Inc. (NASDAQ:MAT). 471,086 are owned by Prudential. Sasco Cap Ct holds 1.08% in Mattel, Inc. (NASDAQ:MAT) or 1.95M shares. Bnp Paribas Arbitrage holds 0.02% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 565,095 shares. Psagot Investment House Limited invested in 186 shares. Ftb Advsr has invested 0% in Mattel, Inc. (NASDAQ:MAT). Sprucegrove Investment Management Limited invested 0.88% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Pnc Fincl invested in 0% or 155,328 shares.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Mattel Inc. has $41 highest and $14.0 lowest target. $24.33’s average target is 50.74% above currents $16.14 stock price. Mattel Inc. had 56 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Mattel, Inc. (NASDAQ:MAT) has “Outperform” rating given on Monday, December 14 by BMO Capital Markets. Monness Crespi & Hardt upgraded the stock to “Buy” rating in Monday, September 19 report. JP Morgan initiated Mattel, Inc. (NASDAQ:MAT) on Thursday, April 7 with “Overweight” rating. DA Davidson upgraded the stock to “Neutral” rating in Friday, November 3 report. Goldman Sachs initiated it with “Neutral” rating and $27 target in Monday, February 13 report. On Monday, October 30 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm earned “Hold” rating on Tuesday, September 5 by Stifel Nicolaus. The stock of Mattel, Inc. (NASDAQ:MAT) has “Buy” rating given on Monday, July 3 by M Partners. Jefferies maintained Mattel, Inc. (NASDAQ:MAT) rating on Thursday, September 21. Jefferies has “Hold” rating and $14.0 target. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Underperform” rating by DA Davidson on Thursday, August 3.

The stock increased 5.98% or $0.91 during the last trading session, reaching $16.14. About 8.95M shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since January 20, 2017 and is downtrending. It has underperformed by 43.62% the S&P500.

Analysts await Mattel, Inc. (NASDAQ:MAT) to report earnings on January, 24. They expect $0.22 EPS, down 57.69 % or $0.30 from last year’s $0.52 per share. MAT’s profit will be $75.62 million for 18.34 P/E if the $0.22 EPS becomes a reality. After $0.09 actual EPS reported by Mattel, Inc. for the previous quarter, Wall Street now forecasts 144.44 % EPS growth.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company has market cap of $5.55 billion. The firm operates in three divisions: North America, International, and American Girl. It currently has negative earnings. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Ever After High, Polly Pocket, DC Super Hero Girl, Disney Classics, Hot Wheels, Matchbox, CARS, DC Comics, WWE Wrestling, Minecraft, Max Steel, Little Mommy, BOOMco., and Toy Story.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Seekingalpha.com which released: “Mattel, Inc.: Avoid The Falling Ship” on December 29, 2017, also Bloomberg.com with their article: “Hasbro and Mattel Have the Tools for a Comeback” published on January 19, 2018, Prnewswire.com published: “Mattel Announces Full Year And Fourth Quarter 2017 Financial Results …” on January 17, 2018. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Latimes.com and their article: “Mattel lays off 70 employees amid continuing financial struggles” published on December 21, 2017 as well as Fool.com‘s news article titled: “Why Mattel, Inc. Shares Lost 16% in December” with publication date: January 04, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: