Lions Gate Entertainment (LGF.A) Price Target Raised to $38.00
Lions Gate Entertainment (NYSE:LGF.A) had its target price increased by analysts at Argus to $38.00 in a research note issued to investors on Wednesday, The Fly reports. The firm currently has a “buy” rating on the stock. Argus’ price objective would suggest a potential upside of 18.53% from the stock’s previous close.
A number of other analysts have also recently weighed in on LGF.A. Zacks Investment Research cut shares of Lions Gate Entertainment from a “strong-buy” rating to a “hold” rating in a report on Monday, November 13th. B. Riley raised their target price on shares of Lions Gate Entertainment from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, November 10th. KeyCorp set a $30.00 target price on shares of Lions Gate Entertainment and gave the stock a “buy” rating in a report on Tuesday, October 24th. FBN Securities started coverage on shares of Lions Gate Entertainment in a report on Friday, September 15th. They set an “outperform” rating and a $37.71 target price for the company. Finally, Royal Bank Of Canada raised their target price on shares of Lions Gate Entertainment from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Four equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Lions Gate Entertainment currently has an average rating of “Buy” and a consensus target price of $33.00.
Lions Gate Entertainment (LGF.A) opened at $32.06 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.89. The stock has a market cap of $6,940.75, a P/E ratio of 39.01, a PEG ratio of 3.97 and a beta of 1.15. Lions Gate Entertainment has a 1-year low of $24.27 and a 1-year high of $34.75.
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