Somewhat Favorable News Coverage Likely to Impact Lions Gate Entertainment Corp. (LGF) Stock Price

Media headlines about Lions Gate Entertainment Corp. (NYSE:LGF) have been trending somewhat positive this week, AlphaOne Sentiment reports. The research group, a division of Accern, identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lions Gate Entertainment Corp. earned a media sentiment score of 0.07 on AlphaOne’s scale. AlphaOne also assigned press coverage about the company an impact score of 76 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the next several days.

LGF has been the topic of a number of analyst reports. Wunderlich reissued a “buy” rating and issued a $31.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Friday, February 10th. Loop Capital reissued a “buy” rating and issued a $31.00 price target on shares of Lions Gate Entertainment Corp. in a research note on Friday, February 10th. SunTrust Banks, Inc. started coverage on Lions Gate Entertainment Corp. in a research note on Friday, March 31st. They issued a “hold” rating and a $28.00 price target on the stock. B. Riley reaffirmed a “buy” rating and set a $36.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Wednesday, March 8th. Finally, Brean Capital reaffirmed a “buy” rating and set a $32.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Monday, January 23rd. Two equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Lions Gate Entertainment Corp. presently has an average rating of “Buy” and a consensus target price of $29.57.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 during midday trading on Friday. The company has a 50 day moving average of $22.22 and a 200-day moving average of $21.05. Lions Gate Entertainment Corp. has a 52-week low of $16.21 and a 52-week high of $35.13.

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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.

5 Day Chart for NYSE:LGF

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