KeyCorp Lowers Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) to Sector Weight

KeyCorp cut shares of Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) from an overweight rating to a sector weight rating in a report issued on Friday, MarketBeat reports.

Several other equities research analysts also recently commented on LGF.A. B. Riley reiterated a buy rating on shares of Lions Gate Entertainment Co. Class A Voting Shares in a research report on Wednesday, November 1st. Morgan Stanley downgraded shares of Lions Gate Entertainment Co. Class A Voting Shares from an overweight rating to an equal weight rating in a research report on Tuesday, January 30th. Piper Jaffray Companies set a $40.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a buy rating in a research report on Wednesday, January 3rd. SunTrust Banks downgraded shares of Lions Gate Entertainment Co. Class A Voting Shares from a buy rating to a hold rating in a research report on Friday. Finally, ValuEngine upgraded shares of Lions Gate Entertainment Co. Class A Voting Shares from a sell rating to a hold rating in a research report on Friday, December 1st. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Lions Gate Entertainment Co. Class A Voting Shares currently has an average rating of Buy and a consensus price target of $34.71.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (NYSE LGF.A) opened at $26.81 on Friday. Lions Gate Entertainment Co. Class A Voting Shares has a one year low of $24.27 and a one year high of $36.48. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.89. The firm has a market cap of $2,500.00 and a P/E ratio of 30.47.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last posted its quarterly earnings results on Thursday, February 8th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.28. Lions Gate Entertainment Co. Class A Voting Shares had a net margin of 10.22% and a return on equity of 6.98%. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the company posted $0.20 EPS. The firm’s quarterly revenue was up 51.9% compared to the same quarter last year. sell-side analysts anticipate that Lions Gate Entertainment Co. Class A Voting Shares will post 1.16 earnings per share for the current year.

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

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