Share on StockTwits

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have earned an average recommendation of “Buy” from the ten ratings firms that are covering the company, American Banking & Market News reports. Seven equities research analysts have rated the stock with a buy rating, The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $37.75.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) opened at 32.41 on Thursday. 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 $31. and its 200-day moving average is $29.10. The company has a market cap of $4.443 billion and a price-to-earnings ratio of 26.51.

Lions Gate Entertainment Corp. (NYSE:LGF) last announced its earnings results 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.

LGF has been the subject of a number of recent research reports. 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.