Lions Gate Entertainment (LGF.A) Stock Rating Reaffirmed by Barrington Research

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Barrington Research reaffirmed their buy rating on shares of Lions Gate Entertainment (NYSE:LGF.A) in a research note issued to investors on Friday, AnalystRatings.com reports. Barrington Research currently has a $21.00 price objective on the stock.

“Reaffirm OUTPERFORM : Our fiscal 2020-based price target is $21. The speculation regarding the potential value in a sale of Starz should help establish a baseline value for the premium service, with additional support from investment in the international unit. These elements should help establish a floor for the perceived value of the total company, providing added support for our favorable . Additionally, management’s risk mitigation skills highlight a measured risk-taking approach. Management continues its efforts to right-size the balance sheet and the sale of a stake in Starz International will support achievement of management’s leverage targets.”,” the firm’s analyst commented.

Several other brokerages also recently issued reports on LGF.A. ValuEngine downgraded Lions Gate Entertainment from a sell rating to a strong sell rating in a research report on Monday, February 4th. Macquarie reiterated a buy rating and issued a $29.00 price objective on shares of Lions Gate Entertainment in a research report on Monday, February 11th. Zacks Investment Research upgraded Lions Gate Entertainment from a hold rating to a strong-buy rating and set a $18.00 price objective for the company in a research report on Tuesday, April 2nd. Finally, Imperial Capital downgraded Lions Gate Entertainment from an outperform rating to an in-line rating and set a $24.00 price objective for the company. in a research report on Monday, April 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. Lions Gate Entertainment currently has an average rating of Buy and a consensus price target of $25.22.

Lions Gate Entertainment stock opened at $14.89 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.02. The company has a market cap of $3.21 billion, a P/E ratio of 12.11, a P/E/G ratio of 0.91 and a beta of 1.40. Lions Gate Entertainment has a one year low of $12.94 and a one year high of $27.88.

About Lions Gate Entertainment

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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