Somewhat Positive Press Coverage Somewhat Unlikely to Affect Lions Gate Entertainment (LGF) Stock Price
Headlines about Lions Gate Entertainment (NYSE:LGF) have been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lions Gate Entertainment earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.3405873271413 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Lions Gate Entertainment (LGF) remained flat at $$26.09 during trading on Friday. The company has a market capitalization of $4,010.00, a PE ratio of 118.59 and a beta of 1.26. Lions Gate Entertainment has a 1 year low of $16.21 and a 1 year high of $35.65. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.43.
LGF has been the topic of a number of analyst reports. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $35.00 target price on shares of Lions Gate Entertainment in a research note on Thursday, August 31st. FBN Securities initiated coverage on shares of Lions Gate Entertainment in a research note on Friday, September 15th. They set an “outperform” rating on the stock. Rosenblatt Securities downgraded shares of Lions Gate Entertainment from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 4th. Sanford C. Bernstein reissued an “outperform” rating on shares of Lions Gate Entertainment in a research note on Tuesday, September 12th. Finally, Argus reissued a “buy” rating and issued a $34.00 price target on shares of Lions Gate Entertainment in a research note on Friday, September 1st. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $32.62.
About Lions Gate Entertainment
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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