Barrington Research reiterated their buy rating on shares of Lions Gate Entertainment (NYSE:LGF.A) in a research report released on Friday morning, AnalystRatings.com reports. Barrington Research currently has a $18.00 target price on the stock.
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Several other equities research analysts have also recently commented on the stock. Wells Fargo & Co assumed coverage on shares of Lions Gate Entertainment in a research report on Monday, September 23rd. They set an outperform rating and a $15.00 price target for the company. Goldman Sachs Group upgraded shares of Lions Gate Entertainment from a neutral rating to a buy rating and lowered their price target for the stock from $24.00 to $19.00 in a research report on Wednesday, July 24th. Zacks Investment Research raised shares of Lions Gate Entertainment from a hold rating to a buy rating and set a $10.00 price objective on the stock in a research note on Tuesday, October 15th. ValuEngine lowered shares of Lions Gate Entertainment from a hold rating to a sell rating in a research note on Friday, November 1st. Finally, Imperial Capital raised shares of Lions Gate Entertainment to an outperform rating in a research note on Monday, August 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. Lions Gate Entertainment has a consensus rating of Buy and an average price target of $20.88.
Shares of NYSE:LGF.A traded up $0.81 during trading on Friday, hitting $9.13. 4,169,982 shares of the company’s stock were exchanged, compared to its average volume of 1,020,291. Lions Gate Entertainment has a 1-year low of $7.65 and a 1-year high of $21.22. The firm has a 50-day moving average price of $8.80 and a two-hundred day moving average price of $11.72. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.04. The firm has a market cap of $1.81 billion, a P/E ratio of 13.63, a PEG ratio of 0.63 and a beta of 1.17.
Lions Gate Entertainment (NYSE:LGF.A) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.03. Lions Gate Entertainment had a negative net margin of 8.90% and a positive return on equity of 3.74%. The company had revenue of $963.60 million during the quarter, compared to analysts’ expectations of $925.41 million. As a group, research analysts predict that Lions Gate Entertainment will post 0.87 EPS for the current year.
Lions Gate Entertainment Company Profile
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.
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