Lions Gate Entertainment (NYSE:LGF.A) Upgraded by Imperial Capital to “Outperform”
Imperial Capital upgraded shares of Lions Gate Entertainment (NYSE:LGF.A) to an outperform rating in a research note released on Monday morning, The Fly reports.
Several other research firms have also recently commented on LGF.A. Zacks Investment Research cut shares of Lions Gate Entertainment from a buy rating to a hold rating and set a $13.00 target price for the company. in a research report on Tuesday, August 13th. ValuEngine raised shares of Lions Gate Entertainment from a strong sell rating to a sell rating in a research report on Wednesday, June 12th. Goldman Sachs Group raised shares of Lions Gate Entertainment from a neutral rating to a buy rating and dropped their target price for the stock from $24.00 to $19.00 in a research report on Wednesday, July 24th. Barrington Research raised their target price on shares of Lions Gate Entertainment to $18.00 and gave the stock an outperform rating in a research report on Wednesday, May 29th. Finally, Argus cut shares of Lions Gate Entertainment from a buy rating to a hold rating in a research report on Thursday, May 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Lions Gate Entertainment has an average rating of Buy and an average target price of $22.14.
Shares of Lions Gate Entertainment stock opened at $10.78 on Monday. The firm has a market cap of $2.36 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 0.73 and a beta of 1.09. Lions Gate Entertainment has a 12-month low of $10.54 and a 12-month high of $25.25. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.04. The company’s fifty day simple moving average is $12.29 and its two-hundred day simple moving average is $14.26.
About Lions Gate Entertainment
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.
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