Lions Gate Entertainment Corp. (LGF) Stock Rating Reaffirmed by Piper Jaffray Companies
Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “overweight” rating restated by equities research analysts at Piper Jaffray Companies in a report issued on Thursday. They presently have a $35.00 price objective on the stock. Piper Jaffray Companies’ target price would suggest a potential upside of 34.15% from the company’s previous close.
LGF has been the topic of several other reports. Rosenblatt Securities restated a “buy” rating and set a $32.00 price objective on shares of Lions Gate Entertainment Corp. in a research report on Monday, May 22nd. Loop Capital restated a “buy” rating and set a $36.00 price objective (up from $29.00) on shares of Lions Gate Entertainment Corp. in a research report on Saturday, July 22nd. Deutsche Bank AG started coverage on shares of Lions Gate Entertainment Corp. in a research report on Wednesday, June 28th. They set a “hold” rating and a $29.00 price objective on the stock. SunTrust Banks, Inc. upgraded shares of Lions Gate Entertainment Corp. from a “hold” rating to a “buy” rating and raised their price objective for the company from $28.00 to $31.00 in a research report on Saturday, June 3rd. Finally, Macquarie restated an “outperform” rating and set a $36.00 price objective on shares of Lions Gate Entertainment Corp. in a research report on Thursday, August 24th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $31.63.
Lions Gate Entertainment Corp. (NYSE LGF) opened at 26.09 on Thursday. Lions Gate Entertainment Corp. has a 52-week low of $16.21 and a 52-week high of $35.13. The stock’s 50 day moving average is $22.22 and its 200-day moving average is $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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