Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Given Consensus Recommendation of “Buy” by Analysts

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) has received a consensus recommendation of “Buy” from the twenty research firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $33.27.

A number of research firms recently commented on LGF.A. Piper Jaffray Companies set a $40.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Argus raised their price target on shares of Lions Gate Entertainment Co. Class A Voting Shares to $38.00 and gave the stock a “buy” rating in a report on Wednesday, December 6th. ValuEngine raised shares of Lions Gate Entertainment Co. Class A Voting Shares from a “sell” rating to a “hold” rating in a report on Friday, December 1st. FBN Securities set a $38.00 price target on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a “buy” rating in a report on Tuesday, November 14th. Finally, Zacks Investment Research cut shares of Lions Gate Entertainment Co. Class A Voting Shares from a “strong-buy” rating to a “hold” rating in a report on Monday, November 13th.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE LGF.A) traded up $0.43 during trading hours on Friday, reaching $33.71. 478,758 shares of the company were exchanged, compared to its average volume of 542,033. Lions Gate Entertainment Co. Class A Voting Shares has a 12 month low of $24.27 and a 12 month high of $34.75. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $2,710.00 and a PE ratio of 38.31.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last posted its earnings results on Thursday, November 9th. The company reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.42. Lions Gate Entertainment Co. Class A Voting Shares had a net margin of 5.56% and a return on equity of 6.96%. The company had revenue of $941.00 million during the quarter, compared to analysts’ expectations of $953.04 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. Lions Gate Entertainment Co. Class A Voting Shares’s revenue for the quarter was up 47.1% compared to the same quarter last year. equities analysts anticipate that Lions Gate Entertainment Co. Class A Voting Shares will post 1.22 earnings per share for the current fiscal year.

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Lions Gate Entertainment Co. Class A Voting Shares Company Profile

Analyst Recommendations for Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A)

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