Insider Buying: Entertainment One Ltd (ETO) Insider Buys 10,000 Shares of Stock
Entertainment One Ltd (LON:ETO) insider Joe Sparacio purchased 10,000 shares of the business’s stock in a transaction on Friday, June 23rd. The stock was acquired at an average price of GBX 224 ($2.85) per share, for a total transaction of £22,400 ($28,538.67).
Shares of Entertainment One Ltd (LON:ETO) opened at 220.60 on Monday. The firm’s market cap is GBX 944.27 million. The stock’s 50 day moving average price is GBX 236.32 and its 200-day moving average price is GBX 235.37. Entertainment One Ltd has a 52-week low of GBX 144.20 and a 52-week high of GBX 262.50.
The business also recently announced a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, July 6th will be paid a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, July 6th. This is a positive change from Entertainment One’s previous dividend of $1.20.
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A number of analysts have weighed in on ETO shares. Royal Bank Of Canada started coverage on Entertainment One in a research note on Thursday, April 13th. They issued an “outperform” rating and a GBX 290 ($3.69) price target on the stock. Peel Hunt restated a “hold” rating and issued a GBX 225 ($2.87) price target on shares of Entertainment One in a research note on Friday, May 12th. N+1 Singer restated a “hold” rating and issued a GBX 240 ($3.06) price target on shares of Entertainment One in a research note on Friday, May 12th. Numis Securities Ltd restated a “hold” rating and issued a GBX 215 ($2.74) price target on shares of Entertainment One in a research note on Tuesday, May 23rd. Finally, Investec restated a “buy” rating and issued a GBX 280 ($3.57) price target on shares of Entertainment One in a research note on Tuesday, May 23rd. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 246.88 ($3.15).
Entertainment One Company Profile
Entertainment One Ltd is a Canada-based independent entertainment company focused on the acquisition, production and distribution of television, family, film and music content rights across all media across the world. The Company’s segments include Television, Family and Film. The Television segment is engaged in the production, acquisition and exploitation of television and music content rights across all media.
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