Loop Capital Reiterates Buy Rating for Lions Gate Entertainment Corp. (LGF)

Loop Capital reissued their buy rating on shares of Lions Gate Entertainment Corp. (NYSE:LGF) in a report issued on Saturday. The firm currently has a $30.00 price objective on the stock.

Other research analysts have also issued reports about the stock. B. Riley reaffirmed a buy rating and issued a $36.00 price objective (up from $34.00) on shares of Lions Gate Entertainment Corp. in a research note on Wednesday, January 11th. Wunderlich reaffirmed a buy rating and issued a $31.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Friday, February 10th. Brean Capital reaffirmed a buy rating and issued a $27.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Monday, November 28th. Jefferies Group LLC reaffirmed a buy rating and issued a $30.00 price objective (up from $26.00) on shares of Lions Gate Entertainment Corp. in a research note on Tuesday, January 31st. Finally, Sanford C. Bernstein raised shares of Lions Gate Entertainment Corp. from a mkt perform rating to an outperform rating and raised their price objective for the company from $22.00 to $32.00 in a research note on Tuesday, January 17th. One investment analyst has rated the stock with a hold rating and eighteen have given a buy rating to the company. The company currently has an average rating of Buy and an average target price of $29.43.

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

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

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Mercantile Trust Co. raised its position in Lions Gate Entertainment Corp. by 5.1% in the third quarter. First Mercantile Trust Co. now owns 10,061 shares of the company’s stock worth $201,000 after buying an additional 488 shares during the last quarter. High Pointe Capital Management LLC bought a new stake in Lions Gate Entertainment Corp. during the third quarter worth about $255,000. Gargoyle Investment Advisor L.L.C. bought a new stake in Lions Gate Entertainment Corp. during the third quarter worth about $280,000. World Asset Management Inc increased its stake in Lions Gate Entertainment Corp. by 21.5% in the third quarter. World Asset Management Inc now owns 14,025 shares of the company’s stock worth $280,000 after buying an additional 2,484 shares during the period. Finally, Sei Investments Co. increased its stake in Lions Gate Entertainment Corp. by 4,550.8% in the third quarter. Sei Investments Co. now owns 14,464 shares of the company’s stock worth $289,000 after buying an additional 14,153 shares during the period. 96.70% of the stock is currently owned by institutional investors.

Lions Gate Entertainment Corp. Company Profile

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.

5 Day Chart for NYSE:LGF

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