Lions Gate Entertainment Corporation (LGF) has risen sharply, recording gains of 5.65% in the past 4 weeks. However, the stock has corrected -1.45% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.88% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.21% and the fifty day Moving Average is 3.07%. Lions Gate Entertainment Corp. has dropped 2.86% during the last three month period . Year-to-Date the stock performance stands at -34.23%.
Lions Gate Entertainment Corporation (LGF) : The consensus price target for Lions Gate Entertainment Corporation (LGF) is $27.64 for the short term with a standard deviation of $5.37. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $41, however, the pessimist price target for the company is $22.
Lions Gate Entertainment Corporation (NYSE:LGF): stock turned positive on Friday. Though the stock opened at $21.07, the bulls momentum made the stock top out at $21.4 level for the day. The stock recorded a low of $20.74 and closed the trading day at $21.12, in the green by 0.33%. The total traded volume for the day was 2,344,392. The stock had closed at $21.05 in the previous days trading.
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.