Shares of Entertainment One Ltd (LON:ETO) have been given a consensus recommendation of “Buy” by the ten research firms that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 271.50 ($3.58).
ETO has been the topic of several recent analyst reports. Credit Suisse Group reiterated a “neutral” rating on shares of Entertainment One in a report on Friday, July 21st. Peel Hunt reiterated a “hold” rating and issued a GBX 240 ($3.17) target price on shares of Entertainment One in a report on Monday, September 4th. J P Morgan Chase & Co boosted their target price on shares of Entertainment One from GBX 269 ($3.55) to GBX 331 ($4.37) and gave the company an “overweight” rating in a report on Friday, October 6th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a GBX 340 ($4.49) target price on shares of Entertainment One in a report on Tuesday, October 31st.
Entertainment One (LON:ETO) traded up GBX 3.20 ($0.04) during trading hours on Friday, reaching GBX 286 ($3.77). 2,823,068 shares of the company’s stock traded hands, compared to its average volume of 868,207. Entertainment One has a 12 month low of GBX 210.50 ($2.78) and a 12 month high of GBX 293.90 ($3.88).
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In related news, insider Mark William Opzoomer acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were purchased at an average cost of GBX 255 ($3.37) per share, for a total transaction of £12,750 ($16,825.02).
Entertainment One Company Profile
Entertainment One Ltd is a Canada-based independent entertainment company focused on the acquisition, production and distribution of television, family, film and music content rights across all media across the world. The Company’s segments include Television, Family and Film. The Television segment is engaged in the production, acquisition and exploitation of television and music content rights across all media.
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