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

Shares of Entertainment One Ltd (LON:ETO) have earned an average recommendation of “Buy” from the nine research firms that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 297.29 ($4.03).

A number of brokerages recently weighed in on ETO. Investec restated a “buy” rating and set a GBX 357 ($4.84) target price on shares of Entertainment One in a research report on Thursday, January 11th. JPMorgan Chase & Co. upped their target price on shares of Entertainment One from GBX 269 ($3.65) to GBX 331 ($4.49) and gave the stock an “overweight” rating in a research report on Friday, October 6th. Peel Hunt restated a “hold” rating and set a GBX 240 ($3.25) target price on shares of Entertainment One in a research report on Thursday, November 2nd. Finally, Citigroup restated a “buy” rating and set a GBX 340 ($4.61) target price on shares of Entertainment One in a research report on Tuesday, October 31st.

Entertainment One (LON:ETO) traded down GBX 1.40 ($0.02) on Friday, hitting GBX 318.60 ($4.32). 930,873 shares of the company’s stock were exchanged, compared to its average volume of 745,540. The company has a market capitalization of $1,370.00 and a price-to-earnings ratio of 15,930.00. Entertainment One has a fifty-two week low of GBX 210.50 ($2.85) and a fifty-two week high of GBX 334.40 ($4.53).

ILLEGAL ACTIVITY WARNING: This piece was first published by American Banking News and is the property of of American Banking News. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/19/entertainment-one-ltd-eto-given-consensus-recommendation-of-buy-by-analysts.html.

Entertainment One Company Profile

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)

Receive News & Ratings for Entertainment One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entertainment One and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply