Lions Gate Entertainment Corp. (NYSE:LGF) Given Average Recommendation of “Buy” by Analysts

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) have been assigned an average rating of “Buy” from the seventeen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $30.71.

A number of equities research analysts recently issued reports on LGF shares. Pacific Crest reiterated an “overweight” rating and issued a $30.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Saturday, March 25th. Loop Capital reiterated a “buy” rating and issued a $30.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Saturday, March 25th. Rosenblatt Securities reiterated a “buy” rating and issued a $32.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Friday, April 14th. SunTrust Banks, Inc. upgraded shares of Lions Gate Entertainment Corp. from a “hold” rating to a “buy” rating and upped their price objective for the stock from $28.00 to $31.00 in a report on Saturday, June 3rd. Finally, Deutsche Bank AG started coverage on shares of Lions Gate Entertainment Corp. in a report on Wednesday, June 28th. They issued a “hold” rating and a $29.00 price objective for the company.

Lions Gate Entertainment Corp. (LGF) remained flat at $26.09 on Monday. Lions Gate Entertainment Corp. has a 1-year low of $16.21 and a 1-year high of $35.13. The company’s 50 day moving average price is $22.22 and its 200 day moving average price is $21.05.

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About Lions Gate Entertainment Corp.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.

Analyst Recommendations for Lions Gate Entertainment Corp. (NYSE:LGF)

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