Entertainment One Ltd (ETO) Price Target Increased to GBX 260 by Analysts at Peel Hunt
Entertainment One Ltd (LON:ETO) had its price target raised by Peel Hunt from GBX 240 ($3.16) to GBX 260 ($3.42) in a research note issued to investors on Tuesday. The firm presently has a “hold” rating on the stock. Peel Hunt’s target price points to a potential downside of 16.16% from the company’s current price.
A number of other research firms have also recently commented on ETO. Citigroup Inc. restated a “buy” rating and issued a GBX 340 ($4.47) price objective on shares of Entertainment One in a research report on Tuesday, October 31st. J P Morgan Chase & Co upped their price objective on shares of Entertainment One from GBX 269 ($3.54) to GBX 331 ($4.35) and gave the company an “overweight” rating in a research report on Friday, October 6th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Entertainment One has a consensus rating of “Buy” and a consensus target price of GBX 266.33 ($3.50).
Entertainment One (LON ETO) traded up GBX 18.60 ($0.24) during mid-day trading on Tuesday, hitting GBX 310.10 ($4.08). The stock had a trading volume of 1,725,860 shares, compared to its average volume of 1,060,000. Entertainment One has a one year low of GBX 210.50 ($2.77) and a one year high of GBX 300.10 ($3.95).
In other news, insider Mark William Opzoomer bought 5,000 shares of the stock in a transaction on Thursday, September 28th. The stock was purchased at an average price of GBX 255 ($3.35) per share, for a total transaction of £12,750 ($16,769.70).
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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