Lions Gate Entertainment Corp. (NYSE:LGF) Given “Buy” Rating at Loop Capital
Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “buy” rating reaffirmed by investment analysts at Loop Capital in a report issued on Saturday, July 22nd. They presently have a $36.00 target price on the stock, up from their prior target price of $29.00. Loop Capital’s target price points to a potential upside of 37.98% from the stock’s previous close.
A number of other brokerages have also commented on LGF. Rosenblatt Securities reiterated a “buy” rating and issued a $32.00 price objective on shares of Lions Gate Entertainment Corp. in a research report on Monday, May 22nd. SunTrust Banks, Inc. started coverage on Lions Gate Entertainment Corp. in a research report on Friday, March 31st. They issued a “hold” rating and a $28.00 price objective for the company. B. Riley restated a “buy” rating and set a $36.00 target price on shares of Lions Gate Entertainment Corp. in a report on Saturday, May 27th. Deutsche Bank AG started coverage on Lions Gate Entertainment Corp. in a report on Wednesday, June 28th. They set a “hold” rating and a $29.00 target price on the stock. Finally, Pacific Crest restated an “overweight” rating and set a $30.00 target price on shares of Lions Gate Entertainment Corp. in a report on Saturday, March 25th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $30.79.
Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 on Friday. Lions Gate Entertainment Corp. has a 52-week low of $16.21 and a 52-week high of $35.13. The firm has a 50-day moving average of $22.22 and a 200 day moving average of $21.05.
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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.
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