Lions Gate Entertainment Corp. (LGF) Given Consensus Rating of “Buy” by Analysts

Lions Gate Entertainment Corp. (NYSE:LGF) has been assigned a consensus recommendation of “Buy” from the fifteen ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $32.73.

LGF has been the topic of several research reports. Argus reissued a “buy” rating and issued a $34.00 target price on shares of Lions Gate Entertainment Corp. in a report on Friday, September 1st. Sanford C. Bernstein reissued an “outperform” rating on shares of Lions Gate Entertainment Corp. in a report on Tuesday, September 12th. Macquarie reissued an “outperform” rating and issued a $36.00 target price on shares of Lions Gate Entertainment Corp. in a report on Thursday, August 24th. Rosenblatt Securities raised Lions Gate Entertainment Corp. from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Finally, Loop Capital reissued a “buy” rating and issued a $36.00 target price (up previously from $29.00) on shares of Lions Gate Entertainment Corp. in a report on Saturday, July 22nd.

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Shares of Lions Gate Entertainment Corp. (NYSE LGF) traded down $1.27 during mid-day trading on Friday, reaching $30.20. The company had a trading volume of 158,000 shares, compared to its average volume of 2,960,000. Lions Gate Entertainment Corp. has a 52-week low of $29.92 and a 52-week high of $31.54. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.43.

About Lions Gate Entertainment Corp.

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.

Analyst Recommendations for Lions Gate Entertainment Corp. (NYSE:LGF)

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