Analyst Rating Update on Lions Gate Entertainment Corporation (LGF)

Lions Gate Entertainment Corporation (LGF) : The consensus on Lions Gate Entertainment Corporation (LGF) based on 12 analyst recommendation on the company stock is 1.67, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Lions Gate Entertainment Corporation (LGF) : The highest short term price target forecast on Lions Gate Entertainment Corporation (LGF) is $41 and the lowest target price is $22. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $27.64 with a standard deviation of $5.71.

For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Bernstein downgrades its ratings on Lions Gate Entertainment Corporation (NYSE:LGF). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 14, 2016.


Lions Gate Entertainment Corporation (NYSE:LGF): The stock opened at $19.13 on Wednesday but the bulls could not build on the opening and the stock topped out at $19.43 for the day. The stock traded down to $18.84 during the day, due to lack of any buying support eventually closed down at $18.90 with a loss of -1.56% for the day. The stock had closed at $19.20 on the previous day. The total traded volume was 4,031,928 shares.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, channel platforms and international distribution and sales. The Company operates through two segments: Motion Pictures and Television Production. The Companys Motion Pictures segment consists of the development and production of feature films, acquisition of North American and global distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and global licensing of distribution rights to feature films produced and acquired. The Companys Television Production segment consists of the development, production and global distribution of television productions, including television series, television movies and mini-series and non-fiction programming.

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