Lions Gate Entertainment Corporation (LGF) : The consensus on Lions Gate Entertainment Corporation (LGF) based on 11 analyst recommendation on the company stock is 1.55, 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. 3 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) stock is expected to deviate a maximum of $5.7 from the average target price of $28.3 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $41 and the most muted being $22.
Lions Gate Entertainment Corporation (NYSE:LGF): The stock opened at $19.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $19.23 for the day. The stock traded down to $18.55 during the day, due to lack of any buying support eventually closed down at $18.69 with a loss of -2.15% for the day. The stock had closed at $19.10 on the previous day. The total traded volume was 5,542,569 shares.
Also, RBC Capital initiates coverage on Lions Gate Entertainment Corporation (NYSE:LGF). The shares have now been rated Sector Perform by the stock experts at the ratings house. RBC Capital announces the current price target of $22 per share on Lions Gate Entertainment Corporation. The rating by the firm was issued on April 7, 2016. The company shares have dropped -46.97% from its 1 Year high price. On Nov 12, 2015, the shares registered one year high at $41.41 and the one year low was seen on Feb 5, 2016. The 50-Day Moving Average price is $21.09 and the 200 Day Moving Average price is recorded at $22.94.
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.