Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “buy” rating reaffirmed by Loop Capital in a report released on Saturday. They presently have a $36.00 price objective on the stock, up from their previous price objective of $29.00. Loop Capital’s target price points to a potential upside of 37.98% from the stock’s current price.

A number of other equities analysts also recently issued reports on LGF. B. Riley reaffirmed a “buy” rating and set a $36.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Saturday, May 27th. SunTrust Banks, Inc. started coverage on shares of Lions Gate Entertainment Corp. in a report on Friday, March 31st. They issued a “hold” rating and a $28.00 price target on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $32.00 price target on shares of Lions Gate Entertainment Corp. in a report on Monday, May 22nd. Deutsche Bank AG started coverage on shares of Lions Gate Entertainment Corp. in a report on Wednesday, June 28th. They issued a “hold” rating and a $29.00 price target on the stock. Finally, Pacific Crest reissued an “overweight” rating and issued a $30.00 price target on shares of Lions Gate Entertainment Corp. in a report on Saturday, March 25th. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $30.94.

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

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Large investors have recently made changes to their positions in the stock. Gerstein Fisher boosted its stake in shares of Lions Gate Entertainment Corp. by 0.4% in the third quarter. Gerstein Fisher now owns 17,950 shares of the company’s stock valued at $661,000 after buying an additional 70 shares in the last quarter. GW&K Investment Management boosted its stake in shares of Lions Gate Entertainment Corp. by 7.4% in the fourth quarter. GW&K Investment Management now owns 355,990 shares of the company’s stock valued at $11,531,000 after buying an additional 24,617 shares in the last quarter. Emerald Advisers Inc. PA boosted its stake in shares of Lions Gate Entertainment Corp. by 1.0% in the fourth quarter. Emerald Advisers Inc. PA now owns 91,487 shares of the company’s stock valued at $2,963,000 after buying an additional 932 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of Lions Gate Entertainment Corp. by 1.6% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 98,457 shares of the company’s stock valued at $3,189,000 after buying an additional 1,530 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Lions Gate Entertainment Corp. by 6.4% in the fourth quarter. Neuberger Berman Group LLC now owns 1,192,704 shares of the company’s stock valued at $38,632,000 after buying an additional 71,516 shares in the last quarter. Hedge funds and other institutional investors own 96.70% of the company’s stock.

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.

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

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