Equities research analysts at Deutsche Bank AG assumed coverage on shares of Lions Gate Entertainment Corp. (NYSE:LGF) in a research note issued on Wednesday. The firm set a “hold” rating and a $29.00 price target on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 11.15% from the company’s previous close.

Several other equities analysts also recently commented on the stock. Pacific Crest restated an “overweight” rating and issued a $30.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Saturday, March 25th. Loop Capital restated a “buy” rating and issued a $30.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Saturday, March 25th. Rosenblatt Securities restated a “buy” rating and issued a $32.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Friday, April 14th. B. Riley restated a “buy” rating and issued a $36.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Wednesday, March 8th. Finally, SunTrust Banks, Inc. initiated coverage on shares of Lions Gate Entertainment Corp. in a research note on Friday, March 31st. They issued a “hold” rating and a $28.00 price target for the company. Two investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $30.18.

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

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Institutional investors have recently added to or reduced their stakes in the stock. Amica Retiree Medical Trust bought a new position in Lions Gate Entertainment Corp. during the second quarter valued at about $105,000. IFP Advisors Inc increased its position in 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 Lions Gate Entertainment Corp. during the first quarter valued at about $141,000. Janney Montgomery Scott LLC bought a new position in Lions Gate Entertainment Corp. during the second quarter valued at about $219,000. Finally, Legal & General Group Plc increased its position in Lions Gate Entertainment Corp. by 38.5% in the first quarter. Legal & General Group Plc now owns 7,538 shares of the company’s stock valued at $165,000 after buying an additional 2,094 shares in the last quarter. Institutional investors own 96.70% of the company’s stock.

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.

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

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