Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Price Target Increased to $31.00 by Analysts at B. Riley

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) had its target price lifted by B. Riley from $29.00 to $31.00 in a research note released on Friday morning. They currently have a buy rating on the stock. B. Riley also issued estimates for Lions Gate Entertainment Co. Class A Voting Shares’ Q3 2018 earnings at $0.23 EPS, FY2018 earnings at $1.11 EPS, FY2019 earnings at $0.83 EPS, FY2020 earnings at $1.29 EPS and FY2021 earnings at $1.61 EPS.

LGF.A has been the topic of a number of other research reports. Zacks Investment Research raised Lions Gate Entertainment Co. Class A Voting Shares from a sell rating to a hold rating in a research report on Thursday, July 20th. UBS AG downgraded Lions Gate Entertainment Co. Class A Voting Shares from a buy rating to a neutral rating in a research report on Wednesday, October 4th. FBN Securities started coverage on Lions Gate Entertainment Co. Class A Voting Shares in a research report on Friday, September 15th. They set an outperform rating and a $37.71 price target on the stock. Piper Jaffray Companies set a $35.00 price target on Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a buy rating in a research report on Thursday, July 27th. Finally, Rosenblatt Securities downgraded Lions Gate Entertainment Co. Class A Voting Shares from a buy rating to a neutral rating and set a $33.00 price target on the stock. in a research report on Wednesday, October 4th. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of $32.56.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) traded up $1.93 during midday trading on Friday, reaching $31.23. The company’s stock had a trading volume of 1,270,000 shares, compared to its average volume of 563,241. Lions Gate Entertainment Co. Class A Voting Shares has a 1 year low of $24.27 and a 1 year high of $33.68.

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.42. The business had revenue of $941.00 million for the quarter, compared to analyst estimates of $953.04 million. Lions Gate Entertainment Co. Class A Voting Shares’s quarterly revenue was up 47.1% compared to the same quarter last year. During the same period last year, the firm earned $0.01 EPS.

TRADEMARK VIOLATION NOTICE: This article was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://stocknewstimes.com/2017/11/11/lions-gate-entertainment-co-class-a-voting-shares-lgf-a-price-target-increased-to-31-00-by-analysts-at-b-riley.html.

Analyst Recommendations for Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A)

Receive News & Ratings for Lions Gate Entertainment Co. Class A Voting Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lions Gate Entertainment Co. Class A Voting Shares and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply