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Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have received an average rating of “Buy” from the ten analysts that are currently covering the company, Analyst Ratings.Net reports. Seven equities research analysts have rated the stock with a buy recommendation, The average 1-year target price among brokers that have covered the stock in the last year is $37.75.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) opened at 32.56 on Thursday. Lions Gate Entertainment Corp. has a 1-year low of $24.54 and a 1-year high of $37.81. The stock’s 50-day moving average is $31.4 and its 200-day moving average is $29.07. The company has a market cap of $4.464 billion and a price-to-earnings ratio of 26.71.

Lions Gate Entertainment Corp. (NYSE:LGF) last released its earnings data on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was down 21.1% on a year-over-year basis. Analysts expect that Lions Gate Entertainment Corp. will post $1.57 EPS for the current fiscal year.

A number of analysts have recently weighed in on LGF shares. Analysts at Barrington Research raised their price target on shares of Lions Gate Entertainment Corp. to $46.00 in a research note on Monday, August 18th. Separately, analysts at Argus reiterated a “buy” rating on shares of Lions Gate Entertainment Corp. in a research note on Monday, August 18th. They now have a $41.00 price target on the stock. Finally, 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, August 15th. They now have an “outperform” rating on the stock.

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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