Lionsgate (LGF-A) Lowered to “Neutral” at Rosenblatt Securities
Lionsgate (NASDAQ:LGF-A) was downgraded by equities research analysts at Rosenblatt Securities from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday.
Separately, BidaskClub upgraded shares of Lionsgate from a “buy” rating to a “strong-buy” rating in a research note on Tuesday.
Shares of Lionsgate (NASDAQ:LGF-A) traded down 0.73% on Wednesday, hitting $32.70. The company’s stock had a trading volume of 139,559 shares. Lionsgate has a 52 week low of $26.05 and a 52 week high of $33.68. The stock’s 50 day moving average price is $31.57 and its 200 day moving average price is $31.57. The stock has a market capitalization of $6.82 billion and a P/E ratio of 32.93.
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