Lions Gate Entertainment Corp. (NYSE:LGF) received a $27.00 price target from Brean Capital in a report issued on Monday. The brokerage currently has a a “buy” rating on the stock. Brean Capital’s price objective points to a potential upside of 32.35% from the stock’s current price.

Several other analysts have also recently issued reports on LGF. Wunderlich reiterated a “buy” rating and set a $32.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Wednesday, May 25th. FBR & Co reiterated an “outperform” rating and set a $23.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Thursday, May 26th. Piper Jaffray Cos. reiterated an “overweight” rating and set a $30.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Friday, May 27th. Jefferies Group reiterated a “buy” rating and set a $29.00 target price on shares of Lions Gate Entertainment Corp. in a research report on Friday, May 27th. Finally, Vetr cut Lions Gate Entertainment Corp. from a “strong-buy” rating to a “buy” rating and set a $24.38 target price for the company. in a research report on Monday, May 30th. Seven research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $29.96.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) opened at 20.40 on Monday. Lions Gate Entertainment Corp. has a 12 month low of $16.21 and a 12 month high of $41.41. The firm has a 50-day moving average price of $20.80 and a 200 day moving average price of $20.98. The company has a market cap of $3.01 billion, a P/E ratio of 287.32 and a beta of 1.19.

Lions Gate Entertainment Corp. (NYSE:LGF) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.36. The business earned $553.60 million during the quarter, compared to analysts’ expectations of $494.34 million. Lions Gate Entertainment Corp. had a return on equity of 5.81% and a net margin of 0.43%. The business’s quarterly revenue was up 35.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 earnings per share. Equities analysts predict that Lions Gate Entertainment Corp. will post $0.39 earnings per share for the current year.

In other Lions Gate Entertainment Corp. news, CEO Jon Feltheimer sold 255,718 shares of the firm’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $20.25, for a total transaction of $5,178,289.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Gordon Crawford acquired 50,000 shares of Lions Gate Entertainment Corp. stock in a transaction on Tuesday, August 9th. The shares were purchased at an average price of $21.70 per share, for a total transaction of $1,085,000.00. The disclosure for this purchase can be found here. Company insiders own 30.40% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Macquarie Group Ltd. increased its position in Lions Gate Entertainment Corp. by 66.2% in the second quarter. Macquarie Group Ltd. now owns 167,181 shares of the company’s stock valued at $3,382,000 after buying an additional 66,570 shares during the last quarter. IFP Advisors Inc increased its position in Lions Gate Entertainment Corp. by 62.3% in the second quarter. IFP Advisors Inc now owns 5,243 shares of the company’s stock valued at $106,000 after buying an additional 2,013 shares during the last quarter. Stifel Financial Corp increased its position in Lions Gate Entertainment Corp. by 67.5% in the second quarter. Stifel Financial Corp now owns 16,159 shares of the company’s stock valued at $328,000 after buying an additional 6,514 shares during the last quarter. Amalgamated Bank increased its position in Lions Gate Entertainment Corp. by 21.7% in the second quarter. Amalgamated Bank now owns 13,669 shares of the company’s stock valued at $301,000 after buying an additional 2,436 shares during the last quarter. Finally, Legal & General Group Plc increased its position in Lions Gate Entertainment Corp. by 3.9% in the second quarter. Legal & General Group Plc now owns 7,830 shares of the company’s stock valued at $159,000 after buying an additional 292 shares during the last quarter. Institutional investors own 95.97% of the company’s stock.

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.

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