Share on StockTwits
 

Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued on Thursday, Analyst Ratings Network.com reports. They currently have a $34.00 target price on the stock. Zacks‘ target price would indicate a potential upside of 3.19% from the stock’s previous close.

A number of other analysts have also recently weighed in on LGF. Analysts at Topeka Capital Markets initiated coverage on shares of Lions Gate Entertainment Corp. in a research note on Tuesday, February 4th. They set a “buy” rating and a $30.53 price target on the stock. Analysts at Barrington Research reiterated an “outperform” rating on shares of Lions Gate Entertainment Corp. in a research note on Monday, December 30th. They now have a $41.00 price target on the stock. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $34.73.

Lions Gate Entertainment Corp. (NYSE:LGF) traded down 0.58% during mid-day trading on Thursday, hitting $32.41. 605,116 shares of the company’s stock traded hands. Lions Gate Entertainment Corp. has a 52 week low of $20.18 and a 52 week high of $37.81. The stock’s 50-day moving average is $31.13 and its 200-day moving average is $33.21. The company has a market cap of $4.473 billion and a P/E ratio of 18.95.

Lions Gate Entertainment Corp. (NYSE:LGF) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.44 by $0.19. The company had revenue of $839.90 million for the quarter, compared to the consensus estimate of $836.28 million. During the same quarter last year, the company posted $0.27 earnings per share. Lions Gate Entertainment Corp.’s revenue was up 13.0% compared to the same quarter last year. Analysts expect that Lions Gate Entertainment Corp. will post $1.12 EPS for the current fiscal year.

Lions Gate Entertainment Corp. (NYSE:LGF), is an entertainment company with a presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales.

To view Zacks’ full report, visit www.zacks.com

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.