Lions Gate Entertainment (NYSE:LGF.A) Lifted to “Outperform” at Imperial Capital

Imperial Capital upgraded shares of Lions Gate Entertainment (NYSE:LGF.A) to an outperform rating in a research report sent to investors on Monday, The Fly reports.

Other research analysts also recently issued reports about the stock. Goldman Sachs Group upgraded shares of Lions Gate Entertainment from a neutral rating to a buy rating and decreased their price target for the stock from $24.00 to $19.00 in a research report on Wednesday, July 24th. ValuEngine upgraded shares of Lions Gate Entertainment from a strong sell rating to a sell rating in a research report on Wednesday, June 12th. Zacks Investment Research downgraded shares of Lions Gate Entertainment from a buy rating to a hold rating and set a $13.00 price target on the stock. in a research report on Tuesday, August 13th. Barrington Research increased their price target on shares of Lions Gate Entertainment to $18.00 and gave the stock an outperform rating in a research report on Wednesday, May 29th. Finally, Argus downgraded shares of Lions Gate Entertainment from a buy rating to a hold rating in a research report on Thursday, May 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. Lions Gate Entertainment presently has an average rating of Buy and an average price target of $22.14.

Shares of LGF.A stock opened at $10.72 on Monday. Lions Gate Entertainment has a 12-month low of $10.54 and a 12-month high of $25.25. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.04. The firm’s 50 day moving average is $12.32 and its 200 day moving average is $14.29. The stock has a market capitalization of $2.36 billion, a P/E ratio of 16.00, a P/E/G ratio of 0.75 and a beta of 1.09.

Lions Gate Entertainment (NYSE:LGF.A) last issued its earnings results on Thursday, August 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.03. Lions Gate Entertainment had a negative net margin of 8.90% and a positive return on equity of 3.74%. The company had revenue of $963.60 million for the quarter, compared to analysts’ expectations of $925.41 million. As a group, equities analysts predict that Lions Gate Entertainment will post 0.99 earnings per share for the current year.

About Lions Gate Entertainment

Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.

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

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