Mattel (MAT) : 6 brokerage houses believe that Mattel (MAT) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Mattel (MAT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
Mattel (MAT) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $38 and the lowest price target forecast is $30. The average forecast of all the analysts is $34.13 and the expected standard deviation is $2.95.
Shares of Mattel, Inc. rose by 1.45% in the last five trading days and 4.24% for the last 4 weeks. Mattel, Inc. is up 8.92% in the last 3-month period. Year-to-Date the stock performance stands at 28.96%. Mattel (NASDAQ:MAT): stock turned positive on Tuesday. Though the stock opened at $33.78, the bulls momentum made the stock top out at $33.8 level for the day. The stock recorded a low of $33.35 and closed the trading day at $33.78, in the green by 0.69%. The total traded volume for the day was 2,576,127. The stock had closed at $33.55 in the previous days trading.
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.