Starz Entertainment Corp. (NASDAQ:STRZ) Receives $20.00 Consensus Target Price from Analysts

Starz Entertainment Corp. (NASDAQ:STRZ) has been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $20.00.

STRZ has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Starz Entertainment in a research note on Friday, September 5th. Morgan Stanley lowered their price target on shares of Starz Entertainment from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Friday, November 14th. Baird R W raised shares of Starz Entertainment to a “hold” rating in a research note on Friday, September 5th. JPMorgan Chase & Co. decreased their price objective on shares of Starz Entertainment from $16.00 to $13.00 and set a “neutral” rating for the company in a research report on Monday, November 17th. Finally, Robert W. Baird started coverage on shares of Starz Entertainment in a report on Friday, September 5th. They issued a “neutral” rating and a $13.00 target price on the stock.

Insider Activity

In other Starz Entertainment news, CEO Jeffrey Hirsch acquired 30,000 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were bought at an average cost of $11.21 per share, with a total value of $336,300.00. Following the purchase, the chief executive officer directly owned 198,690 shares of the company’s stock, valued at $2,227,314.90. This trade represents a 17.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 53.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Starz Entertainment

Several institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. bought a new position in shares of Starz Entertainment during the 2nd quarter worth approximately $28,000. CWM LLC acquired a new position in shares of Starz Entertainment during the 2nd quarter valued at $33,000. Advisory Services Network LLC bought a new position in Starz Entertainment during the third quarter worth $36,000. BNP Paribas Financial Markets boosted its stake in Starz Entertainment by 101.8% during the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock worth $37,000 after acquiring an additional 1,274 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in Starz Entertainment in the second quarter worth $41,000.

Starz Entertainment Price Performance

Shares of Starz Entertainment stock opened at $11.85 on Friday. Starz Entertainment has a twelve month low of $8.00 and a twelve month high of $22.98. The company’s fifty day moving average is $11.31 and its 200 day moving average is $13.84.

Starz Entertainment (NASDAQ:STRZ) last announced its earnings results on Thursday, February 3rd. The company reported $0.21 EPS for the quarter. The company had revenue of $836.40 million for the quarter.

Starz Entertainment Company Profile

Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company’s franchises include “Outlander” and “Power.”