Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “buy” rating restated by stock analysts at Brean Capital in a research note issued to investors on Monday. They presently have a $27.00 target price on the stock. Brean Capital’s price objective would indicate a potential upside of 15.53% from the company’s previous close.

A number of other equities analysts also recently commented on LGF. B. Riley restated a “buy” rating and issued a $34.00 target price on shares of Lions Gate Entertainment Corp. in a research note on Saturday, August 6th. RBC Capital Markets restated a “hold” rating and issued a $24.00 target price (up from $23.00) on shares of Lions Gate Entertainment Corp. in a research note on Friday, August 5th. Piper Jaffray Cos. set a $30.00 price objective on shares of Lions Gate Entertainment Corp. and gave the company a “buy” rating in a research note on Saturday, October 1st. Jefferies Group dropped their price objective on shares of Lions Gate Entertainment Corp. from $29.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, August 5th. Finally, Zacks Investment Research upgraded shares of Lions Gate Entertainment Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 8th. Four research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $28.11.

Analyst Recommendations for Lions Gate Entertainment Corp. (NYSE:LGF)

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) traded down 1.33% during trading on Monday, reaching $23.06. 3,904,081 shares of the company were exchanged. The company’s 50-day moving average is $21.13 and its 200 day moving average is $20.82. The firm has a market capitalization of $3.42 billion, a PE ratio of 98.97 and a beta of 1.19. Lions Gate Entertainment Corp. has a 1-year low of $16.21 and a 1-year high of $35.65.

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In related news, Director Arthur Evrensel bought 2,600 shares of the company’s stock in a transaction dated Monday, October 17th. The shares were acquired at an average price of $18.60 per share, for a total transaction of $48,360.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jon Feltheimer sold 255,718 shares of Lions Gate Entertainment Corp. stock in a transaction dated Thursday, September 15th. The shares were sold at an average price of $20.25, for a total transaction of $5,178,289.50. The disclosure for this sale can be found here. Corporate insiders own 30.40% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. Amica Retiree Medical Trust bought a new stake in shares of Lions Gate Entertainment Corp. during the second quarter valued at about $105,000. IFP Advisors Inc raised its stake in shares of Lions Gate Entertainment Corp. by 62.3% in the second quarter. IFP Advisors Inc now owns 5,243 shares of the company’s stock valued at $106,000 after buying an additional 2,013 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Lions Gate Entertainment Corp. by 13.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,894 shares of the company’s stock valued at $138,000 after buying an additional 824 shares during the period. Advisor Group Inc. bought a new stake in shares of Lions Gate Entertainment Corp. during the second quarter valued at about $147,000. Finally, Legal & General Group Plc raised its stake in shares of Lions Gate Entertainment Corp. by 3.9% in the second quarter. Legal & General Group Plc now owns 7,830 shares of the company’s stock valued at $159,000 after buying an additional 292 shares during the period. Institutional investors and hedge funds own 96.70% of the company’s stock.

Lions Gate Entertainment Corp. 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.

5 Day Chart for NYSE:LGF

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