Lionsgate (LGF) Receives $27.00 Consensus Target Price from Analysts
Lionsgate (NYSE:LGF) has been assigned an average rating of “Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $27.00.
Several equities research analysts have issued reports on LGF shares. Deutsche Bank lifted their price objective on Lionsgate from $25.00 to $26.00 and gave the stock a “hold” rating in a report on Monday, August 20th. Imperial Capital started coverage on Lionsgate in a report on Thursday, July 19th. They set a “$26.09” rating and a $28.00 price objective on the stock. Finally, SunTrust Banks upgraded Lionsgate from a “hold” rating to a “buy” rating in a report on Thursday, July 19th.
LGF stock remained flat at $$26.09 during midday trading on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.64 and a quick ratio of 1.64. Lionsgate has a 52 week low of $31.03 and a 52 week high of $33.00.
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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