Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “buy” rating reiterated by investment analysts at B. Riley in a report issued on Monday. They presently have a $36.00 target price on the stock. B. Riley’s price objective indicates a potential upside of 37.98% from the stock’s previous close.

Several other research analysts also recently commented on the company. Rosenblatt Securities reiterated a “buy” rating on shares of Lions Gate Entertainment Corp. in a research note on Thursday, April 6th. Jefferies Group LLC reiterated a “buy” rating and set a $30.00 target price (up from $26.00) on shares of Lions Gate Entertainment Corp. in a research note on Tuesday, January 31st. Pacific Crest reiterated an “overweight” rating and set a $30.00 target price on shares of Lions Gate Entertainment Corp. in a research note on Saturday, March 25th. Loop Capital reiterated a “buy” rating and set a $31.00 target price on shares of Lions Gate Entertainment Corp. in a research note on Friday, February 10th. Finally, Brean Capital reiterated a “buy” rating and set a $32.00 target price on shares of Lions Gate Entertainment Corp. in a research note on Monday, January 23rd. Two investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. Lions Gate Entertainment Corp. presently has an average rating of “Buy” and an average price target of $29.57.

Analyst Recommendations for Lions Gate Entertainment Corp. (NYSE:LGF)

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 during midday trading on Monday. Lions Gate Entertainment Corp. has a 52-week low of $16.21 and a 52-week high of $35.13. The company has a 50-day moving average of $22.22 and a 200-day moving average of $21.05.

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Institutional investors have recently made changes to their positions in the stock. Amica Retiree Medical Trust bought a new position in shares of Lions Gate Entertainment Corp. during the second quarter valued at $105,000. IFP Advisors Inc boosted its position in shares of Lions Gate Entertainment Corp. by 62.3% in the second quarter. IFP Advisors Inc now owns 5,243 shares of the company’s stock valued at $106,000 after buying an additional 2,013 shares in the last quarter. BlackRock Japan Co. Ltd bought a new position in shares of Lions Gate Entertainment Corp. during the first quarter valued at $141,000. Legal & General Group Plc boosted its position in shares of Lions Gate Entertainment Corp. by 3.9% in the second quarter. Legal & General Group Plc now owns 7,830 shares of the company’s stock valued at $159,000 after buying an additional 292 shares in the last quarter. Finally, First Mercantile Trust Co. boosted its position in shares of Lions Gate Entertainment Corp. by 5.1% in the third quarter. First Mercantile Trust Co. now owns 10,061 shares of the company’s stock valued at $201,000 after buying an additional 488 shares in the last quarter. 96.70% of the stock is owned by hedge funds and other institutional investors.

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.

12 Month Chart for NYSE:LGF

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