Key Analysts at BMO Capital Reiterate their ‘”Buy”’ rating for Mattel Inc (NASDAQ:MAT) Shares Today. Their PT is Set to $20.0

January 20, 2018 - By Peter Erickson

 Key Analysts at BMO Capital Reiterate their ‘

Investors sentiment decreased to 0.79 in 2017 Q3. 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.

The Connecticut-based Sasco Capital Ct has invested 1.08% in Mattel, Inc. (NASDAQ:MAT). National Bank Of Ny Mellon invested 0.06% in Mattel, Inc. (NASDAQ:MAT). Tocqueville Asset Mngmt Limited Partnership, New York-based fund reported 427,350 shares. Ftb Advisors has invested 0% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Clearline Limited Partnership, New York-based fund reported 25,768 shares. Pub Sector Pension Invest Board stated it has 0% of its portfolio in Mattel, Inc. (NASDAQ:MAT). 62,587 are owned by Exxonmobil Inv Management Tx. Fifth Third Bancshares invested in 0% or 286 shares. Whittier Tru Of Nevada Inc accumulated 5,153 shares. Canada Pension Plan Board has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Nomura Asset Commerce Limited holds 52,120 shares. Livforsakringsbolaget Skandia Omsesidigt reported 6,533 shares. Kentucky Retirement reported 0.02% stake. Hartford Investment Mgmt has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). Dnb Asset Mngmt As accumulated 32,818 shares or 0.01% of the stock.

Mattel Inc (NASDAQ:MAT) Rating Reaffirmed

Recently, In analysts note made public on 30 October, Mattel Inc (NASDAQ:MAT) shares have had their “Buy” Rating maintained by analysts at BMO Capital, who currently has a $20.0 TP on company. This target by BMO Capital suggests the possibile upside of 23.92 % from the current price.

Investors sentiment decreased to 0.79 in 2017 Q3. 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.

The Connecticut-based Sasco Capital Ct has invested 1.08% in Mattel, Inc. (NASDAQ:MAT). National Bank Of Ny Mellon invested 0.06% in Mattel, Inc. (NASDAQ:MAT). Tocqueville Asset Mngmt Limited Partnership, New York-based fund reported 427,350 shares. Ftb Advisors has invested 0% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Clearline Limited Partnership, New York-based fund reported 25,768 shares. Pub Sector Pension Invest Board stated it has 0% of its portfolio in Mattel, Inc. (NASDAQ:MAT). 62,587 are owned by Exxonmobil Inv Management Tx. Fifth Third Bancshares invested in 0% or 286 shares. Whittier Tru Of Nevada Inc accumulated 5,153 shares. Canada Pension Plan Board has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Nomura Asset Commerce Limited holds 52,120 shares. Livforsakringsbolaget Skandia Omsesidigt reported 6,533 shares. Kentucky Retirement reported 0.02% stake. Hartford Investment Mgmt has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). Dnb Asset Mngmt As accumulated 32,818 shares or 0.01% of the stock.

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. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, July 13 report. As per Friday, August 14, the company rating was maintained by Piper Jaffray. Monness Crespi & Hardt upgraded Mattel, Inc. (NASDAQ:MAT) on Monday, September 19 to “Buy” rating. The firm has “Hold” rating given on Thursday, September 21 by Jefferies. The firm has “Conviction Buy” rating given on Monday, January 25 by Goldman Sachs. On Thursday, March 24 the stock rating was initiated by UBS with “Buy”. The stock of Mattel, Inc. (NASDAQ:MAT) has “Hold” rating given on Monday, October 16 by Stifel Nicolaus. The firm has “Buy” rating given on Tuesday, October 31 by UBS. On Thursday, February 4 the stock rating was upgraded by Argus Research to “Buy”. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Neutral” rating by DA Davidson on Friday, November 3.

The stock increased 5.98% or $0.91 during the last trading session, reaching $16.14. About 8.95 million 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 earnings per share, down 57.69 % or $0.30 from last year’s $0.52 per share. MAT’s profit will be $75.62M for 18.34 P/E if the $0.22 EPS becomes a reality. After $0.09 actual earnings per share 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, Fool.com published: “Why Mattel, Inc. Stock Lost 44.2% in 2017” on January 11, 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 FREE 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: