Lions Gate Entertainment (NYSE:LGF.A) Given Buy Rating at Barrington Research

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Lions Gate Entertainment (NYSE:LGF.A)‘s stock had its “buy” rating reiterated by research analysts at Barrington Research in a research note issued on Friday, AnalystRatings.com reports. They presently have a $18.00 price target on the stock. Barrington Research’s price objective points to a potential upside of 97.15% from the stock’s previous close.

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

Shares of NYSE:LGF.A traded up $0.81 during trading on Friday, reaching $9.13. 4,169,982 shares of the company’s stock traded hands, compared to its average volume of 1,020,291. 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 has a 12 month low of $7.65 and a 12 month high of $21.22. The company has a 50 day moving average of $8.80 and a 200-day moving average of $11.72. The stock has a market capitalization of $1.81 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 0.63 and a beta of 1.17.

Lions Gate Entertainment (NYSE:LGF.A) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. Lions Gate Entertainment had a negative net margin of 8.90% and a positive return on equity of 3.74%. The business had revenue of $963.60 million during the quarter, compared to the consensus estimate of $925.41 million. Equities research analysts predict that Lions Gate Entertainment will post 0.87 earnings per share for the current fiscal year.

Lions Gate Entertainment Company Profile

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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