Berenberg Bank restated their buy rating on shares of Entertainment One (LON:ETO) in a research report sent to investors on Tuesday, Digital Look reports. They currently have a GBX 475 ($6.21) target price on the stock.
Other research analysts have also recently issued reports about the company. Numis Securities reissued a buy rating and set a GBX 573 ($7.49) target price on shares of Entertainment One in a research note on Monday, June 17th. JPMorgan Chase & Co. lowered their target price on Entertainment One from GBX 655 ($8.56) to GBX 649 ($8.48) and set an overweight rating for the company in a research note on Tuesday, May 21st. Finally, Royal Bank of Canada lowered their target price on Entertainment One from GBX 500 ($6.53) to GBX 470 ($6.14) and set an outperform rating for the company in a research note on Wednesday, May 22nd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average price target of GBX 551.17 ($7.20).
ETO opened at GBX 585 ($7.64) on Tuesday. Entertainment One has a 12 month low of GBX 333.20 ($4.35) and a 12 month high of GBX 485.40 ($6.34). The stock has a market capitalization of $2.91 billion and a price-to-earnings ratio of 234.00. The company has a debt-to-equity ratio of 82.41, a current ratio of 1.46 and a quick ratio of 0.99. The business has a fifty day moving average price of GBX 430.23 and a 200 day moving average price of GBX 429.56.
Entertainment One Ltd. engages in the acquisition, development, production, financing, distribution, and sale of family, television (TV), music, and film content rights across various media worldwide. The company operates in three segments: Family & Brands, Television, and Film. It distributes and sells films on screens in theatres and digitally, on DVDs and Blu-rays, and on TV; develops, produces, and distributes TV content across genres, platforms, and territories; and records, distributes, and licenses albums and songs.
Further Reading: Quick Ratio
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