Lions Gate Entertainment Corp. (LGF) Given Consensus Rating of “Buy” by Brokerages
Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have been given an average recommendation of “Buy” by the fifteen research firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $32.73.
Several research analysts have recently issued reports on the stock. Rosenblatt Securities raised shares of Lions Gate Entertainment from a “neutral” rating to a “buy” rating in a research note on Monday, November 6th. FBN Securities assumed coverage on shares of Lions Gate Entertainment in a research note on Friday, September 15th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Lions Gate Entertainment in a research note on Tuesday, September 12th.
Shares of Lions Gate Entertainment (NYSE LGF) traded down $1.67 during midday trading on Monday, hitting $31.04. 1,260,700 shares of the stock traded hands, compared to its average volume of 2,960,000. The company has a market cap of $4,010.00, a price-to-earnings ratio of 141.09 and a beta of 1.26. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.43. Lions Gate Entertainment has a one year low of $31.03 and a one year high of $33.00.
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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