Lions Gate Entertainment Corp. (LGF) Receives $32.73 Average Target Price from Analysts

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have been assigned a consensus recommendation of “Buy” from the fifteen ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $32.73.

Several research analysts recently commented on LGF shares. Argus restated a “buy” rating and issued a $34.00 price target on shares of Lions Gate Entertainment in a report on Friday, September 1st. Rosenblatt Securities upgraded shares of Lions Gate Entertainment from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Sanford C. Bernstein restated an “outperform” rating on shares of Lions Gate Entertainment in a report on Tuesday, September 12th. FBN Securities started coverage on shares of Lions Gate Entertainment in a report on Friday, September 15th. They issued an “outperform” rating on the stock. Finally, Macquarie restated an “outperform” rating and issued a $36.00 price target on shares of Lions Gate Entertainment in a report on Thursday, August 24th.

Shares of Lions Gate Entertainment (NYSE:LGF) traded down $1.67 during mid-day trading on Thursday, hitting $31.04. 1,260,700 shares of the stock traded hands, compared to its average volume of 2,960,000. Lions Gate Entertainment has a 1-year low of $31.03 and a 1-year high of $33.00. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.64 and a current ratio of 1.64.

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About Lions Gate Entertainment

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 (NYSE:LGF)

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