Mattel (NASDAQ:MAT) Rating Kept
New York: In a research note revealed on Wednesday, 13 December, Stifel kept their “Hold” rating on shares of Mattel (NASDAQ:MAT). They currently have a $14.0 TP on the company. Stifel’s target indicates a potential downside of -0.85 % from the company’s last stock close price.
NASDAQ:MAT is now trading 6.63% higher at $15.59 as of 2:04 PM New York time. Mattel’s stock is 0% over the last 200 days. It has underperformed the S&P500 Index, which has risen 6.00% over the same time.
Out of 12 brokers covering Mattel, 8 rate it a Buy, 7 indicate a Hold while 0 suggest a Sell. The highest target is $38 and the lowest is $26 according to Thomson/First Call. The 12-month mean target is $33.5, which means upside potential of 114.88% over the current price.
Penn Davis Mcfarland Inc had the most significant stake with ownership of 465,790 shares as of q2 2015 for 3.61% of the US long equity exposure. Intrepid Capital Management Inc is another very bullish investment manager who is owning 230,655 shares of Mattel or 3.29% of their US long equity exposure. Moreover, Poplar Forest Capital Llc have 3.14% of their US long equity exposure invested in the company for 1.21M shares. The Netherlands-based fund Kempen Capital Management N.V. disclosed it had bought so far a stake worth about 2.72% of the investment manager’s stock portfolio in Mattel. The Illinois-based fund Fairpointe Capital Llc is also positive about the stock, possessing 692,921 shares or 2.3% of their US long equity exposure.
Mattel (NASDAQ:MAT) Profile
Mattel, Inc. manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
Mattel (NASDAQ:MAT) traded up 6.63% on 13 December, hitting $15.59. A total of 8.03 million shares of the company’s stock traded hands. This is down from average of 11.82 million shares. Mattel has a 52 week low of $12.71 and a 52 week high of $31.6. The company has a market cap of $5.36 billion and a P/E ratio of 0.
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