Why Mattel, Inc.'s Shares Popped 29% in November
Shares of toymaker Mattel, Inc. (NASDAQ: MAT) jumped 29.2% in November, according to data provided by S&P Global Market Intelligence, driven by news that Hasbro, Inc. (NASDAQ: HAS) has approached the company about a buyout. No deal is imminent, but it appears to be more serious than past forays to combine the two.
We don't know the terms Hasbro might be offering or have any assurance that a deal will go through. So, investors buying Mattel are purely speculating on an acquisition.
Image source: Getty Images.
Source: Fool.com
Mattel Inc. Aktie
12,93 €
-0,35 %
Eine klare Tendenz zu Buy-Einschätzungen bei Mattel Inc., ohne Sell-Einschätzungen.
Für Mattel Inc. sieht die Community ein Kursziel von 16 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 12.93 € bedeutet.
