Lions Gate Entertainment Corp. (LGF) Receives $31.14 Average Target Price from Brokerages
Lions Gate Entertainment Corp. (NYSE:LGF) has been given a consensus recommendation of “Buy” by the sixteen analysts that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $31.23.
LGF has been the topic of a number of research reports. Rosenblatt Securities reiterated a “buy” rating and set a $32.00 price target on shares of Lions Gate Entertainment Corp. in a research report on Friday, April 14th. Loop Capital reiterated a “buy” rating and set a $36.00 price target (up from $29.00) on shares of Lions Gate Entertainment Corp. in a research report on Saturday, July 22nd. Deutsche Bank AG initiated coverage on Lions Gate Entertainment Corp. in a research report on Wednesday, June 28th. They set a “hold” rating and a $29.00 price target on the stock. SunTrust Banks, Inc. upgraded Lions Gate Entertainment Corp. from a “hold” rating to a “buy” rating and upped their price target for the company from $28.00 to $31.00 in a research report on Saturday, June 3rd. Finally, B. Riley reiterated a “buy” rating and set a $36.00 price target on shares of Lions Gate Entertainment Corp. in a research report on Monday, May 22nd.
Shares of Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 during midday trading on Friday. The stock’s 50-day moving average is $22.22 and its 200-day moving average is $21.05. Lions Gate Entertainment Corp. has a 52-week low of $16.21 and a 52-week high of $35.13.
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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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