Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “buy” rating reissued by analysts at B. Riley in a report issued on Saturday. They currently 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.

A number of other research analysts also recently commented on LGF. Jefferies Group LLC reiterated a “buy” rating and issued a $30.00 price objective (up previously from $26.00) on shares of Lions Gate Entertainment Corp. in a report on Tuesday, January 31st. Wunderlich reiterated a “buy” rating and issued a $31.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Friday, February 10th. Loop Capital reiterated a “buy” rating and issued a $31.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Friday, February 10th. Pacific Crest reiterated an “overweight” rating and issued a $30.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Saturday, March 25th. Finally, SunTrust Banks, Inc. started coverage on Lions Gate Entertainment Corp. in a report on Friday, March 31st. They issued a “hold” rating and a $28.00 price objective on the stock. Two analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock currently 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 Friday. The company’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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A number of hedge funds have recently bought and sold shares of the company. 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 worth $1,516,000 after buying an additional 5,485 shares during the last quarter. Shapiro Capital Management LLC boosted its stake in Lions Gate Entertainment Corp. by 8.8% in the third quarter. Shapiro Capital Management LLC now owns 6,116,671 shares of the company’s stock worth $122,272,000 after buying an additional 493,571 shares during the last quarter. Matrix Capital Management Company LP bought a new stake in Lions Gate Entertainment Corp. during the third quarter worth $15,720,000. Clinton Group Inc. boosted its stake in Lions Gate Entertainment Corp. by 215.0% in the third quarter. Clinton Group Inc. now owns 206,072 shares of the company’s stock worth $4,119,000 after buying an additional 140,652 shares during the last quarter. Finally, Clearline Capital LP boosted its stake in Lions Gate Entertainment Corp. by 646.4% in the third quarter. Clearline Capital LP now owns 559,829 shares of the company’s stock worth $11,191,000 after buying an additional 484,829 shares during the last quarter. 96.70% of the stock is owned by institutional investors.

Lions Gate Entertainment Corp. Company Profile

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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