Lionsgate (LGF) Given Average Recommendation of “Buy” by Brokerages

Lionsgate (NYSE:LGF) has received an average recommendation of “Buy” from the seven research firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $27.00.

LGF has been the topic of several analyst reports. Deutsche Bank lifted their price objective on Lionsgate from $25.00 to $26.00 and gave the stock a “hold” rating in a report on Monday, August 20th. Imperial Capital initiated coverage on Lionsgate in a report on Thursday, July 19th. They issued a “$26.09” rating and a $28.00 price objective on the stock. Finally, SunTrust Banks upgraded Lionsgate from a “hold” rating to a “buy” rating in a report on Thursday, July 19th.

Shares of LGF remained flat at $$26.09 during trading hours on Tuesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.64 and a quick ratio of 1.64. Lionsgate has a 12-month low of $31.03 and a 12-month high of $33.00.

About Lionsgate

Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. It operates through the following segments: Motion Pictures, Media Networks and Television Production segments.

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Analyst Recommendations for Lionsgate (NYSE:LGF)

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