Is Mattel a Buy Now?
(NASDAQ: MAT) has been a topic of investing conversations a little more than usual lately because of the success of its blockbuster film, "Barbie." The movie, whose marketing was unavoidable if you had access to the internet or billboards in your city, has managed to gross over $1.34 billion globally.
Despite all the attention Mattel is getting and the nostalgia "Barbie" has ignited for many of its brands, it's important to approach investing in the company with an unbiased eye. Let's take a look and see if Mattel is worth buying right now.
With toy companies like Mattel, their brands are the greatest tools they have on their side. Mattel has a list of iconic brands, including Barbie, Hot Wheels, Fisher-Price, UNO, American Girl, and plenty more.
Source Fool.com
Mattel Inc. Stock
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Mattel Inc..
With a target price of 16 € there is a positive potential of 26.48% for Mattel Inc. compared to the current price of 12.65 €.
