Lions Gate Entertainment Corp. (LGF) Receives Consensus Rating of “Buy” from Analysts
Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have earned a consensus recommendation of “Buy” from the twelve ratings firms that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $34.33.
Several research analysts recently weighed in on the stock. Sanford C. Bernstein lowered shares of Lions Gate Entertainment from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 21st. KeyCorp lowered shares of Lions Gate Entertainment to an “overweight” rating in a research note on Friday, February 9th. SunTrust Banks lowered shares of Lions Gate Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, February 9th. Finally, Morgan Stanley lowered shares of Lions Gate Entertainment from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 30th.
Lions Gate Entertainment stock traded down $1.67 during midday trading on Wednesday, hitting $31.04. 1,260,700 shares of the stock were exchanged, compared to its average volume of 2,960,000. Lions Gate Entertainment has a 52 week low of $31.03 and a 52 week high of $33.00. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.64 and a quick ratio of 1.64.
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Lions Gate Entertainment Company Profile
Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.
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