Lions Gate Entertainment Corp. (LGF) Rating Lowered to Neutral at Rosenblatt Securities
Lions Gate Entertainment Corp. (NYSE:LGF) was downgraded by investment analysts at Rosenblatt Securities from a “buy” rating to a “neutral” rating in a research report issued on Wednesday.
A number of other equities analysts have also issued reports on LGF. Piper Jaffray Companies reissued an “overweight” rating and set a $35.00 price target on shares of Lions Gate Entertainment Corp. in a report on Thursday, August 31st. Loop Capital reissued a “buy” rating and set a $36.00 price target (up previously from $29.00) on shares of Lions Gate Entertainment Corp. in a report on Saturday, July 22nd. FBN Securities began coverage on Lions Gate Entertainment Corp. in a report on Friday, September 15th. They set an “outperform” rating on the stock. Macquarie reissued an “outperform” rating and set a $36.00 price target on shares of Lions Gate Entertainment Corp. in a report on Thursday, August 24th. Finally, Deutsche Bank AG began coverage on Lions Gate Entertainment Corp. in a report on Wednesday, June 28th. They set a “hold” rating and a $29.00 price target on the stock. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Lions Gate Entertainment Corp. has a consensus rating of “Buy” and a consensus price target of $31.63.
Shares of Lions Gate Entertainment Corp. (LGF) remained flat at $26.09 during mid-day trading on Wednesday. The company’s 50-day moving average price is $22.22 and its 200-day moving average price 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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