Lions Gate Entertainment (NYSE:LGF.A) Rating Reiterated by Barrington Research

Lions Gate Entertainment (NYSE:LGF.A)‘s stock had its “buy” rating reaffirmed by equities research analysts at Barrington Research in a report released on Friday, reports. They currently have a $18.00 price objective on the stock. Barrington Research’s price target suggests a potential upside of 97.15% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Co initiated coverage on shares of Lions Gate Entertainment in a report on Monday, September 23rd. They issued an “outperform” rating and a $15.00 price target on the stock. Imperial Capital upgraded shares of Lions Gate Entertainment to an “outperform” rating in a report on Monday, August 19th. Goldman Sachs Group upgraded shares of Lions Gate Entertainment from a “neutral” rating to a “buy” rating and decreased their price target for the company from $24.00 to $19.00 in a report on Wednesday, July 24th. Zacks Investment Research upgraded shares of Lions Gate Entertainment from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Tuesday, October 15th. Finally, ValuEngine lowered shares of Lions Gate Entertainment from a “hold” rating to a “sell” rating in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $20.88.

LGF.A stock traded up $0.81 during midday trading on Friday, hitting $9.13. The stock had a trading volume of 4,169,982 shares, compared to its average volume of 1,020,291. The firm has a market cap of $1.81 billion, a PE ratio of 13.63, a price-to-earnings-growth ratio of 0.63 and a beta of 1.17. The company’s 50-day moving average price is $8.80 and its 200 day moving average price is $11.72. Lions Gate Entertainment has a 12-month low of $7.65 and a 12-month high of $21.22. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.80 and a quick ratio of 0.80.

Lions Gate Entertainment (NYSE:LGF.A) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.05) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.03. The company had revenue of $963.60 million for the quarter, compared to analyst estimates of $925.41 million. Lions Gate Entertainment had a negative net margin of 8.90% and a positive return on equity of 3.74%. As a group, sell-side analysts anticipate that Lions Gate Entertainment will post 0.87 EPS for the current year.

About Lions Gate Entertainment

Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.

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

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