A number of research firms have changed their ratings and price targets for Lions Gate Entertainment Corp. (NYSE: LGF):

  • 9/20/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $34.00 price target on the stock.
  • 9/19/2016 – Lions Gate Entertainment Corp. was given a new $27.00 price target on by analysts at Brean Capital. They now have a “buy” rating on the stock.
  • 9/19/2016 – Lions Gate Entertainment Corp. had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
  • 9/6/2016 – Lions Gate Entertainment Corp. is now covered by analysts at Brean Capital. They set a “buy” rating and a $27.00 price target on the stock.
  • 9/4/2016 – Lions Gate Entertainment Corp. had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 8/25/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $34.00 price target on the stock.
  • 8/22/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at Jefferies Group.
  • 8/18/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at Argus. They now have a $34.00 price target on the stock.
  • 8/11/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $34.00 price target on the stock.
  • 8/9/2016 – Lions Gate Entertainment Corp. is now covered by analysts at Loop Capital. They set a “buy” rating on the stock.
  • 8/8/2016 – Lions Gate Entertainment Corp. had its price target lowered by analysts at FBR & Co from $32.00 to $30.00. They now have an “outperform” rating on the stock.
  • 8/6/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $34.00 price target on the stock.
  • 8/5/2016 – Lions Gate Entertainment Corp. had its “hold” rating reaffirmed by analysts at RBC Capital Markets. They now have a $24.00 price target on the stock, up previously from $23.00.
  • 8/5/2016 – Lions Gate Entertainment Corp. had its price target lowered by analysts at Jefferies Group from $29.00 to $26.00. They now have a “buy” rating on the stock.
  • 8/5/2016 – Lions Gate Entertainment Corp. had its price target raised by analysts at Royal Bank Of Canada from $23.00 to $24.00. They now have a “sector perform” rating on the stock.
  • 8/4/2016 – Lions Gate Entertainment Corp. was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Lions Gate officially announced the acquisition of media and entertainment company Starz for $4.4 billion. The buyout is expected to be closed by the end of 2016. Lions Gate is well known for undertaking strategic acquisitions and alliances to enhance its competitive position, maximize return, and build a diversified portfolio for future growth. We believe that the addition of Starz will not only help the company become a major player in the TV space but will also help it to recapture some of its lost ground in streaming network. On the other hand, the motion picture industry is highly competitive. Hence, companies like Lions Gate have to continually strive to maintain their share of box office receipts. We also observed that estimates have been declining lately ahead of the company’s first-quarter fiscal 2017 earnings release.”
  • 8/3/2016 – Lions Gate Entertainment Corp. had its price target lowered by analysts at Wunderlich from $32.00 to $28.00. They now have a “buy” rating on the stock.
  • 8/2/2016 – Lions Gate Entertainment Corp. had its price target raised by analysts at FBR & Co from $25.00 to $32.00. They now have an “outperform” rating on the stock.
  • 8/1/2016 – Lions Gate Entertainment Corp. was given a new $30.00 price target on by analysts at B. Riley. They now have a “buy” rating on the stock.
  • 7/26/2016 – Lions Gate Entertainment Corp. had its “buy” rating reaffirmed by analysts at Pacific Crest.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) traded down 0.801% during mid-day trading on Tuesday, reaching $20.445. 180,638 shares of the company traded hands. The company’s 50 day moving average is $20.78 and its 200 day moving average is $21.00. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 287.958 and a beta of 1.19. Lions Gate Entertainment Corp. has a 52-week low of $16.21 and a 52-week high of $41.41.

Lions Gate Entertainment Corp. (NYSE:LGF) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.36. The firm earned $553.60 million during the quarter, compared to analysts’ expectations of $494.34 million. Lions Gate Entertainment Corp. had a return on equity of 5.81% and a net margin of 0.43%. Lions Gate Entertainment Corp.’s revenue was up 35.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.31 earnings per share. On average, equities analysts forecast that Lions Gate Entertainment Corp. will post $0.39 earnings per share for the current year.

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In other news, Director Gordon Crawford bought 50,000 shares of the stock in a transaction on Tuesday, August 9th. The shares were bought at an average price of $21.70 per share, with a total value of $1,085,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jon Feltheimer sold 255,718 shares of the company’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $20.25, for a total value of $5,178,289.50. The disclosure for this sale can be found here. 30.40% of the stock is owned by company insiders.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.

5 Day Chart for NYSE:LGF

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