Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have been assigned an average rating of “Buy” from the twenty ratings firms that are presently covering the firm. Two equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $29.58.

Several equities analysts have recently weighed in on LGF shares. Rosenblatt Securities reissued a “buy” rating and set a $32.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Monday. B. Riley reissued a “buy” rating and set a $36.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Monday. SunTrust Banks, Inc. started coverage on Lions Gate Entertainment Corp. in a research report on Friday, March 31st. They set a “hold” rating and a $28.00 target price on the stock. Pacific Crest reissued an “overweight” rating and set a $30.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Saturday, March 25th. Finally, Loop Capital reissued a “buy” rating and set a $30.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Saturday, March 25th.

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A number of institutional investors have recently made changes to their positions in the stock. High Pointe Capital Management LLC acquired a new position in shares of Lions Gate Entertainment Corp. during the third quarter valued at approximately $255,000. Trellus Management Company LLC increased its position in shares of Lions Gate Entertainment Corp. by 100.0% in the third quarter. Trellus Management Company LLC now owns 20,000 shares of the company’s stock valued at $400,000 after buying an additional 10,000 shares during the period. BlackRock Inc. increased its position in shares of Lions Gate Entertainment Corp. by 19.6% in the third quarter. BlackRock Inc. now owns 24,138 shares of the company’s stock valued at $483,000 after buying an additional 3,958 shares during the period. Salem Investment Counselors Inc. increased its position in shares of Lions Gate Entertainment Corp. by 7.8% in the third quarter. Salem Investment Counselors Inc. now owns 75,847 shares of the company’s stock valued at $1,516,000 after buying an additional 5,485 shares during the period. Finally, Rhumbline Advisers increased its position in shares of Lions Gate Entertainment Corp. by 4.8% in the third quarter. Rhumbline Advisers now owns 91,785 shares of the company’s stock valued at $1,835,000 after buying an additional 4,237 shares during the period. 96.70% of the stock is currently owned by institutional investors.

Lions Gate Entertainment Corp. (NYSE:LGF) opened at 26.09 on Friday. The stock has a 50 day moving average of $22.22 and a 200 day moving average of $21.05. Lions Gate Entertainment Corp. has a one year low of $16.21 and a one year high of $35.13.

About Lions Gate Entertainment Corp.

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.

12 Month Chart for NYSE:LGF

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