Lions Gate Entertainment Corp. (LGF) Given Average Rating of “Buy” by Analysts
Lions Gate Entertainment Corp. (NYSE:LGF) has been given a consensus rating of “Buy” by the fifteen ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $32.73.
Several analysts recently issued reports on LGF shares. Argus reissued a “buy” rating and issued a $34.00 price target on shares of Lions Gate Entertainment in a report on Friday, September 1st. Rosenblatt Securities raised Lions Gate Entertainment from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. FBN Securities started coverage on Lions Gate Entertainment in a report on Friday, September 15th. They issued an “outperform” rating on the stock. Sanford C. Bernstein reissued an “outperform” rating on shares of Lions Gate Entertainment in a report on Tuesday, September 12th. Finally, Macquarie reissued an “outperform” rating and issued a $36.00 price target on shares of Lions Gate Entertainment in a report on Thursday, August 24th.
Shares of Lions Gate Entertainment (LGF) traded down $1.67 during midday trading on Thursday, hitting $31.04. The company had a trading volume of 1,260,700 shares, compared to its average volume of 2,960,000. Lions Gate Entertainment has a 1-year low of $31.03 and a 1-year high of $33.00. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.64 and a current ratio of 1.64.
About Lions Gate Entertainment
Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.
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