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Analysts at Barrington Research raised their target price on shares of Lions Gate Entertainment Corp. (NYSE:LGF) to $46.00 in a research report issued to clients and investors on Monday. Barrington Research’s target price points to a potential upside of 40.50% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Argus reiterated a “buy” rating on shares of Lions Gate Entertainment Corp. in a research note on Monday. They now have a $41.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Lions Gate Entertainment Corp. from $37.00 to $39.00 in a research note on Friday. They now have an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of Lions Gate Entertainment Corp. in a research note on Monday, July 28th. They set an “outperform” rating and a $40.00 price target on the stock. Eight analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of $37.75.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) traded up 0.55% on Monday, hitting $32.92. 398,867 shares of the company’s stock traded hands. Lions Gate Entertainment Corp. has a 52 week low of $24.54 and a 52 week high of $37.81. The stock’s 50-day moving average is $30.7 and its 200-day moving average is $29.03. The company has a market cap of $4.513 billion and a P/E ratio of 26.86.

Lions Gate Entertainment Corp. (NYSE:LGF) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.13. The company had revenue of $449.40 million for the quarter, compared to the consensus estimate of $488.61 million. During the same quarter last year, the company posted $0.18 earnings per share. Lions Gate Entertainment Corp.’s revenue was down 21.1% compared to the same quarter last year. Analysts expect that Lions Gate Entertainment Corp. will post $1.57 EPS for the current fiscal year.

Lions Gate Entertainment Corp. (NYSE:LGF) is a global entertainment company with a diversified 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.

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