Lions Gate Entertainment Corp. (NYSE:LGF) has been given a consensus rating of “Buy” by the twenty analysts that are currently covering the stock. Two analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $29.58.

Several research firms have weighed in on LGF. Loop Capital restated a “buy” rating and set a $31.00 target price on shares of Lions Gate Entertainment Corp. in a report on Friday, February 10th. Wunderlich restated a “buy” rating and set a $31.00 target price on shares of Lions Gate Entertainment Corp. in a report on Friday, February 10th. SunTrust Banks, Inc. began coverage on shares of Lions Gate Entertainment Corp. in a report on Friday, March 31st. They set a “hold” rating and a $28.00 target price for the company. Pacific Crest restated an “overweight” rating and set a $30.00 target price on shares of Lions Gate Entertainment Corp. in a report on Saturday, March 25th. Finally, Rosenblatt Securities restated a “buy” rating on shares of Lions Gate Entertainment Corp. in a report on Thursday, April 6th.

Large investors have recently modified their holdings of the company. High Pointe Capital Management LLC purchased a new stake in shares of Lions Gate Entertainment Corp. during the third quarter worth approximately $255,000. Trellus Management Company LLC boosted its stake in Lions Gate Entertainment Corp. by 100.0% in the third quarter. Trellus Management Company LLC now owns 20,000 shares of the company’s stock valued at $400,000 after buying an additional 10,000 shares in the last quarter. BlackRock Inc. boosted its stake in Lions Gate Entertainment Corp. by 19.6% in the third quarter. BlackRock Inc. now owns 24,138 shares of the company’s stock valued at $483,000 after buying an additional 3,958 shares in the last quarter. Salem Investment Counselors Inc. boosted its stake in Lions Gate Entertainment Corp. by 7.8% in the third quarter. Salem Investment Counselors Inc. now owns 75,847 shares of the company’s stock valued at $1,516,000 after buying an additional 5,485 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Lions Gate Entertainment Corp. by 4.8% in the third quarter. Rhumbline Advisers now owns 91,785 shares of the company’s stock valued at $1,835,000 after buying an additional 4,237 shares in the last quarter. Institutional investors and hedge funds own 96.70% of the company’s stock.

Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 during trading on Friday. The firm’s 50-day moving average is $22.22 and its 200-day moving average is $21.05. Lions Gate Entertainment Corp. has a 12-month low of $16.21 and a 12-month high of $35.13.

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About Lions Gate Entertainment Corp.

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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