Entertainment One Ltd (ETO) Given Average Recommendation of “Buy” by Analysts

Entertainment One Ltd (LON:ETO) has been assigned a consensus rating of “Buy” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 280.57 ($3.76).

Several research analysts have issued reports on ETO shares. J P Morgan Chase & Co upped their price target on Entertainment One from GBX 269 ($3.60) to GBX 331 ($4.43) and gave the company an “overweight” rating in a report on Friday, October 6th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 240 ($3.21) price target on shares of Entertainment One in a report on Monday, September 4th. Finally, Citigroup reaffirmed a “buy” rating and issued a GBX 295 ($3.95) price target on shares of Entertainment One in a report on Tuesday, September 26th.

In other news, insider Mark William Opzoomer bought 5,000 shares of the business’s stock in a transaction on Thursday, September 28th. The shares were bought at an average cost of GBX 255 ($3.42) per share, with a total value of £12,750 ($17,075.13).

Entertainment One (ETO) traded down GBX 5.20 ($0.07) during midday trading on Thursday, hitting GBX 305.80 ($4.10). The company’s stock had a trading volume of 1,311,564 shares, compared to its average volume of 1,210,000. Entertainment One has a 52 week low of GBX 210.50 ($2.82) and a 52 week high of GBX 320.80 ($4.30).

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About Entertainment One

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.

Analyst Recommendations for Entertainment One (LON:ETO)

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