Starz Receives Fair Value Rating from Janney Montgomery Scott (LCAPA)
Starz (NASDAQ:LCAPA)‘s stock had its “fair value” rating restated by equities researchers at Janney Montgomery Scott in a research report issued on Friday. They currently have a $32.00 price target on the stock, down from their previous price target of $33.00. Janney Montgomery Scott’s target price would suggest a potential downside of 57.81% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of Starz from $165.00 to $172.00 in a research note on Monday, July 7th. Separately, analysts at Morgan Stanley upgraded shares of Starz to an “overweight” rating in a research note on Wednesday, July 2nd. Finally, analysts at Evercore Partners raised their price target on shares of Starz to $154.00 in a research note on Monday, May 19th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Starz has an average rating of “Buy” and a consensus target price of $148.86.
Starz, formerly Liberty Media Corporation, is an integrated global media and entertainment company with operating units that provide subscription video programming on domestic United States pay television channels (NASDAQ:LCAPA), global content distribution (Starz Distribution) and animated television and movie production (Starz Animation).
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