Barclays Maintains Their Hold Rating on Mattel Inc

By Austin Angelo

Barclays analyst Felicia Hendrix maintained a Hold rating on Mattel Inc (NASDAQ: MAT) on February 2 and set a price target of $16. The company’s shares closed on Friday at $16.53.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 8.3% and a 63.3% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

Currently, the analyst consensus on Mattel Inc is Hold and the average price target is $14.88, representing a -10.0% downside.

In a report issued on January 28, Stifel Nicolaus also reiterated a Hold rating on the stock with a $16 price target.

The company has a one-year high of $26.80 and a one-year low of $12.71. Currently, Mattel Inc has an average volume of 8.54M.

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Mattel, Inc. engages in the design, manufacture, and sale of toys. It operates through the following segments: Mattel Girls & Boys Brands; Fisher-Price Brands; American Girl brands; and Construction and Arts & Crafts Brands.