Entertainment One Ltd (ETO) Insider Sells £3,428,114.65 in Stock

Entertainment One Ltd (LON:ETO) insider Darren Dennis Throop sold 1,170,005 shares of Entertainment One stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of GBX 293 ($4.05), for a total value of £3,428,114.65 ($4,736,273.35).

Shares of Entertainment One Ltd (LON ETO) opened at GBX 299 ($4.13) on Thursday. Entertainment One Ltd has a 12-month low of GBX 210.50 ($2.91) and a 12-month high of GBX 334.40 ($4.62). The stock has a market cap of $1,280.00 and a P/E ratio of 14,950.00.

A number of brokerages have weighed in on ETO. Peel Hunt lifted their price objective on Entertainment One from GBX 240 ($3.32) to GBX 260 ($3.59) and gave the company a “hold” rating in a report on Tuesday, November 21st. Investec reaffirmed a “buy” rating and issued a GBX 357 ($4.93) price objective on shares of Entertainment One in a report on Thursday, January 11th. JPMorgan Chase & Co. lifted their price objective on Entertainment One from GBX 331 ($4.57) to GBX 339 ($4.68) and gave the company an “overweight” rating in a report on Wednesday, November 22nd. Finally, Citigroup reiterated a “buy” rating and set a GBX 350 ($4.84) price target on shares of Entertainment One in a research report on Tuesday, January 30th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 287 ($3.97).

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About Entertainment One

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.

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