Jefferies Group reaffirmed their buy rating on shares of Lions Gate Entertainment Corp. (NYSE:LGF) in a research report sent to investors on Thursday morning. The brokerage currently has a $26.00 target price on the stock.

A number of other equities analysts have also recently weighed in on the stock. Stifel Nicolaus set a $22.00 price target on shares of Lions Gate Entertainment Corp. and gave the stock a hold rating in a research report on Monday, October 3rd. Brean Capital reissued a buy rating and set a $30.00 price target (up from $27.00) on shares of Lions Gate Entertainment Corp. in a research report on Friday, December 9th. B. Riley assumed coverage on shares of Lions Gate Entertainment Corp. in a research report on Friday, December 9th. They set a buy rating and a $34.00 price target on the stock. Wunderlich cut their price objective on shares of Lions Gate Entertainment Corp. from $28.00 to $26.00 and set a buy rating on the stock in a research report on Thursday, October 13th. Finally, Zacks Investment Research cut shares of Lions Gate Entertainment Corp. from a hold rating to a sell rating in a research report on Wednesday, October 12th. Three equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of $28.71.

Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 during trading on Thursday. Lions Gate Entertainment Corp. has a 1-year low of $16.21 and a 1-year high of $35.13. The firm’s 50 day moving average is $22.22 and its 200-day moving average is $21.05.

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In other news, Director Gordon Crawford acquired 40,000 shares of the stock in a transaction dated Thursday, November 10th. The shares were bought at an average cost of $23.04 per share, for a total transaction of $921,600.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Arthur Evrensel acquired 2,600 shares of the stock in a transaction dated Monday, October 17th. The shares were purchased at an average price of $18.60 per share, for a total transaction of $48,360.00. The disclosure for this purchase can be found here. Insiders own 30.40% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc raised 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 in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Lions Gate Entertainment Corp. by 13.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,894 shares of the company’s stock valued at $138,000 after buying an additional 824 shares in the last quarter. Advisor Group Inc. purchased a new position in Lions Gate Entertainment Corp. during the second quarter valued at $147,000. Legal & General Group Plc raised 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 in the last quarter. Finally, First Mercantile Trust Co. raised its position in Lions Gate Entertainment Corp. by 5.1% in the third quarter. First Mercantile Trust Co. now owns 10,061 shares of the company’s stock valued at $201,000 after buying an additional 488 shares in the last quarter. Institutional investors own 96.70% of the company’s stock.

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.

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