Lionsgate (LGF.A) Stock Rating Reaffirmed by Barrington Research

Lionsgate (NYSE:LGF.A)‘s stock had its “buy” rating reiterated by research analysts at Barrington Research in a research note issued to investors on Tuesday. They presently have a $40.00 target price on the stock. Barrington Research’s target price indicates a potential upside of 53.32% from the company’s previous close.

Several other research firms have also commented on LGF.A. Morgan Stanley lowered shares of Lionsgate from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 30th. KeyCorp lowered shares of Lionsgate from an “overweight” rating to a “sector weight” rating in a research note on Friday, February 9th. Zacks Investment Research raised shares of Lionsgate from a “sell” rating to a “hold” rating in a research note on Monday, March 19th. SunTrust Banks lifted their price objective on shares of Lionsgate from $36.00 to $41.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Finally, Cowen reaffirmed a “hold” rating and set a $26.00 price objective on shares of Lionsgate in a research note on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $35.50.

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LGF.A stock opened at $26.09 on Tuesday. Lionsgate has a fifty-two week low of $24.56 and a fifty-two week high of $36.48. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $5,480.15, a P/E ratio of 289.89, a price-to-earnings-growth ratio of 4.86 and a beta of 1.15.

Lionsgate (NYSE:LGF.A) last posted its earnings results on Thursday, February 8th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.28. Lionsgate had a net margin of 10.22% and a return on equity of 9.08%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the firm posted $0.20 earnings per share. Lionsgate’s revenue for the quarter was up 51.9% compared to the same quarter last year. analysts predict that Lionsgate will post 0.98 earnings per share for the current year.

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Analyst Recommendations for Lionsgate (NYSE:LGF.A)

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