Lions Gate Entertainment Corp. (LGF) Given Average Recommendation of “Buy” by Brokerages
Lions Gate Entertainment Corp. (NYSE:LGF) has earned an average recommendation of “Buy” from the seventeen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $31.14.
LGF has been the topic of a number of recent research reports. SunTrust Banks, Inc. upgraded shares of Lions Gate Entertainment Corp. from a “hold” rating to a “buy” rating and lifted their price target for the stock from $28.00 to $31.00 in a research note on Saturday, June 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $32.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Friday, April 14th. Deutsche Bank AG initiated coverage on shares of Lions Gate Entertainment Corp. in a research note on Wednesday, June 28th. They set a “hold” rating and a $29.00 price target on the stock. Loop Capital reiterated a “buy” rating and set a $36.00 price target (up previously from $29.00) on shares of Lions Gate Entertainment Corp. in a research note on Saturday, July 22nd. Finally, B. Riley reiterated a “buy” rating and set a $36.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Monday, May 22nd.
Shares of Lions Gate Entertainment Corp. (LGF) remained flat at $26.09 during mid-day trading on Friday. Lions Gate Entertainment Corp. has a one year low of $16.21 and a one year high of $35.13. The firm’s 50-day moving average is $22.22 and its 200-day moving average is $21.05.
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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.
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