Entertainment One’s (ETO) Buy Rating Reaffirmed at Berenberg Bank
Entertainment One (LON:ETO)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. set a €20.00 ($23.26) price target on STMicroelectronics and gave the company a “buy” rating in a report on Tuesday, May 21st. Citigroup set a $140.00 price target on SYNNEX and gave the company a “buy” rating in a report on Friday, April 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $100.00 price target on shares of LivaNova in a report on Friday, April 5th. Numis Securities reiterated a “buy” rating and issued a GBX 573 ($7.49) price target on shares of in a report on Monday, June 17th. Finally, Investec reiterated a “sell” rating on shares of CLOSE BROS GRP/ADR in a report on Friday, April 5th. Seven investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 536.17 ($7.01).
Entertainment One stock traded up GBX 7.70 ($0.10) during mid-day trading on Tuesday, hitting GBX 422.20 ($5.52). The stock had a trading volume of 636,181 shares, compared to its average volume of 908,232. The firm’s 50-day moving average is GBX 405.93. The firm has a market cap of $2.09 billion and a PE ratio of 168.88. Entertainment One has a 12 month low of GBX 333.20 ($4.35) and a 12 month high of GBX 485.40 ($6.34). The company has a debt-to-equity ratio of 82.41, a current ratio of 1.46 and a quick ratio of 0.99.
About Entertainment One
Entertainment One Ltd. engages in the acquisition, development, production, financing, distribution, and sale of family, television (TV), music, and film content rights across various media worldwide. The company operates in three segments: Family & Brands, Television, and Film. It distributes and sells films on screens in theatres and digitally, on DVDs and Blu-rays, and on TV; develops, produces, and distributes TV content across genres, platforms, and territories; and records, distributes, and licenses albums and songs.
Read More: What is the 52-week high/low?
Receive News & Ratings for Entertainment One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entertainment One and related companies with MarketBeat.com's FREE daily email newsletter.