Lions Gate Entertainment (NYSE:LGF) was downgraded by investment analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a report issued on Tuesday.
Separately, Rosenblatt Securities raised shares of Lions Gate Entertainment from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $32.73.
Shares of Lions Gate Entertainment (LGF) traded down $1.67 during trading on Tuesday, reaching $31.04. 1,260,700 shares of the company’s stock were exchanged, compared to its average volume of 2,960,000. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.43. Lions Gate Entertainment has a 12-month low of $31.03 and a 12-month high of $33.00. The company has a market cap of $4,010.00, a P/E ratio of 141.09 and a beta of 1.26.
Lions Gate Entertainment Company Profile
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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