Starz Given Consensus Recommendation of “Buy” by Brokerages (NASDAQ:LCAPA)
Shares of Starz (NASDAQ:LCAPA) have received an average rating of “Buy” from the eleven brokerages that are covering the stock, StockRatingsNetwork.com reports. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $144.17.
A number of research firms have recently commented on LCAPA. 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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