Starz Given Average Recommendation of “Buy” by Brokerages (NASDAQ:LCAPA)
Shares of Starz (NASDAQ:LCAPA) have been given a consensus recommendation of “Buy” by the twelve brokerages that are presently covering the company, AnalystRatings.NET reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $148.86.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Starz in a research note on Friday, August 1st. They now have a $32.00 price target on the stock, down previously from $33.00. Separately, 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. Finally, analysts at Morgan Stanley upgraded shares of Starz to an “overweight” rating in a research note on Wednesday, July 2nd.
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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