Lionsgate Studios (NYSE:LION) Receives “Outperform” Rating from Barrington Research

Lionsgate Studios (NYSE:LION)‘s stock had its “outperform” rating reaffirmed by stock analysts at Barrington Research in a research note issued to investors on Friday,Benzinga reports. They presently have a $14.50 target price on the stock. Barrington Research’s target price points to a potential upside of 12.49% from the stock’s current price.

A number of other equities analysts have also commented on LION. Benchmark lifted their price target on shares of Lionsgate Studios from $12.00 to $15.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Wall Street Zen lowered shares of Lionsgate Studios from a “hold” rating to a “sell” rating in a report on Sunday, April 26th. Morgan Stanley lifted their price target on shares of Lionsgate Studios from $11.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lionsgate Studios in a report on Tuesday, April 21st. Finally, Robert W. Baird lifted their price target on shares of Lionsgate Studios from $14.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Lionsgate Studios has an average rating of “Hold” and a consensus price target of $12.12.

Lionsgate Studios Stock Performance

Shares of NYSE:LION opened at $12.89 on Friday. The company has a fifty day moving average of $11.00 and a 200-day moving average of $9.32. The company has a market capitalization of $3.74 billion, a PE ratio of -15.16 and a beta of 0.56. Lionsgate Studios has a 52-week low of $5.55 and a 52-week high of $13.03.

Hedge Funds Weigh In On Lionsgate Studios

Hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. lifted its holdings in Lionsgate Studios by 4,852.0% in the second quarter. Osaic Holdings Inc. now owns 4,952 shares of the company’s stock valued at $29,000 after buying an additional 4,852 shares during the period. GAMMA Investing LLC lifted its holdings in Lionsgate Studios by 99.3% in the fourth quarter. GAMMA Investing LLC now owns 3,559 shares of the company’s stock valued at $32,000 after buying an additional 1,773 shares during the period. CIBC Private Wealth Group LLC acquired a new stake in Lionsgate Studios during the third quarter worth approximately $38,000. Caitong International Asset Management Co. Ltd bought a new stake in Lionsgate Studios in the fourth quarter worth approximately $44,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in Lionsgate Studios in the fourth quarter worth approximately $55,000.

Lionsgate Studios Company Profile

Lionsgate Studios, operating under the ticker NYSE:LION, is a leading global entertainment company specializing in the production, acquisition and distribution of motion pictures, television programming and digital content. Headquartered in Santa Monica, California, and with additional operations in Vancouver, the company develops, finances and markets feature films that span a wide range of genres—from major franchise hits like The Hunger Games and John Wick to independent and specialty titles.