Lions Gate Entertainment (LGF.A) Stock Rating Upgraded by ValuEngine

Lions Gate Entertainment (NYSE:LGF.A) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

Other research analysts have also issued reports about the company. UBS lowered Lions Gate Entertainment from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 4th. Zacks Investment Research upgraded Lions Gate Entertainment from a “hold” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research note on Wednesday, October 11th. B. Riley increased their price objective on Lions Gate Entertainment from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Rosenblatt Securities upgraded Lions Gate Entertainment from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. Finally, Royal Bank Of Canada increased their price objective on Lions Gate Entertainment from $35.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $32.58.

Lions Gate Entertainment (LGF.A) opened at $33.45 on Friday. Lions Gate Entertainment has a 1-year low of $24.27 and a 1-year high of $34.75. The company has a market capitalization of $7,001.45, a P/E ratio of 39.35, a PEG ratio of 4.00 and a beta of 1.15. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.89.

Lions Gate Entertainment (NYSE:LGF.A) last issued its earnings results on Thursday, November 9th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.42. The business had revenue of $941.00 million during the quarter, compared to analyst estimates of $953.04 million. Lions Gate Entertainment had a return on equity of 6.96% and a net margin of 5.56%. Lions Gate Entertainment’s revenue was up 47.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 earnings per share. equities research analysts anticipate that Lions Gate Entertainment will post 1.21 EPS for the current year.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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

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