Analysts Set Lionsgate Studios Corp. (NYSE:LION) PT at $15.37

Lionsgate Studios Corp. (NYSE:LION) has received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $15.3714.

A number of research firms recently commented on LION. Seaport Research Partners reissued a “buy” rating and issued a $16.00 target price on shares of Lionsgate Studios in a research note on Friday, May 22nd. Robert W. Baird increased their target price on Lionsgate Studios from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday, June 17th. Wall Street Zen cut Lionsgate Studios from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Barrington Research increased their target price on Lionsgate Studios from $14.50 to $17.00 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $15.00 target price on shares of Lionsgate Studios in a research note on Friday, May 22nd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its stake in Lionsgate Studios by 4,852.0% in the second quarter. Osaic Holdings Inc. now owns 4,952 shares of the company’s stock valued at $29,000 after acquiring an additional 4,852 shares during the last quarter. GAMMA Investing LLC boosted its position in Lionsgate Studios by 99.3% during the fourth quarter. GAMMA Investing LLC now owns 3,559 shares of the company’s stock valued at $32,000 after buying an additional 1,773 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in Lionsgate Studios during the third quarter valued at about $38,000. Caitong International Asset Management Co. Ltd purchased a new stake in Lionsgate Studios during the fourth quarter valued at about $44,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Lionsgate Studios during the fourth quarter valued at about $55,000.

Lionsgate Studios Stock Performance

Lionsgate Studios stock opened at $16.31 on Wednesday. The stock has a market cap of $4.74 billion, a P/E ratio of -22.65 and a beta of 0.69. Lionsgate Studios has a fifty-two week low of $5.55 and a fifty-two week high of $16.70. The firm’s fifty day moving average price is $13.44 and its 200-day moving average price is $10.71.

Lionsgate Studios Company Profile

Lionsgate Studios, operating under the ticker NYSE:LION, is a leading global entertainment company specializing in the production, acquisition and distribution of motion pictures, television programming and digital content. Headquartered in Santa Monica, California, and with additional operations in Vancouver, the company develops, finances and markets feature films that span a wide range of genres—from major franchise hits like The Hunger Games and John Wick to independent and specialty titles.