Brean Capital restated their buy rating on shares of Lions Gate Entertainment Corp. (NYSE:LGF) in a research note published on Thursday morning. Brean Capital currently has a $32.00 price target on the stock, up from their previous price target of $30.00.

A number of other brokerages have also issued reports on LGF. B. Riley restated a buy rating and issued a $36.00 target price (up previously from $34.00) on shares of Lions Gate Entertainment Corp. in a research note on Wednesday. Piper Jaffray Companies set a $30.00 target price on shares of Lions Gate Entertainment Corp. and gave the company a buy rating in a research note on Saturday, October 1st. Wunderlich restated a buy rating and issued a $31.00 target price (up previously from $26.00) on shares of Lions Gate Entertainment Corp. in a research note on Thursday, January 5th. Zacks Investment Research upgraded shares of Lions Gate Entertainment Corp. from a strong sell rating to a hold rating in a research note on Tuesday, November 8th. Finally, Argus initiated coverage on shares of Lions Gate Entertainment Corp. in a research note on Tuesday, December 27th. They issued a buy rating on the stock. Three equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $28.71.

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

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 during trading on Thursday. Lions Gate Entertainment Corp. has a 12 month low of $16.21 and a 12 month high of $35.13. The stock’s 50 day moving average is $22.22 and its 200-day moving average is $21.05.

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In other Lions Gate Entertainment Corp. news, Director Gordon Crawford bought 40,000 shares of the business’s stock in a transaction that occurred on Thursday, November 10th. The stock was acquired at an average cost of $23.04 per share, with a total value of $921,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arthur Evrensel bought 2,600 shares of the business’s stock in a transaction that occurred on Monday, October 17th. The shares were acquired at an average cost of $18.60 per share, with a total value of $48,360.00. The disclosure for this purchase can be found here. 30.40% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Shapiro Capital Management LLC raised its stake in Lions Gate Entertainment Corp. by 8.8% in the third quarter. Shapiro Capital Management LLC now owns 6,116,671 shares of the company’s stock valued at $122,272,000 after buying an additional 493,571 shares in the last quarter. Fairpointe Capital LLC raised its stake in Lions Gate Entertainment Corp. by 34.3% in the second quarter. Fairpointe Capital LLC now owns 5,904,654 shares of the company’s stock valued at $119,451,000 after buying an additional 1,507,052 shares in the last quarter. LLBH Private Wealth Management LLC raised its stake in Lions Gate Entertainment Corp. by 9.7% in the third quarter. LLBH Private Wealth Management LLC now owns 3,721,396 shares of the company’s stock valued at $74,391,000 after buying an additional 329,372 shares in the last quarter. Cadian Capital Management LP raised its stake in Lions Gate Entertainment Corp. by 812.6% in the third quarter. Cadian Capital Management LP now owns 3,650,499 shares of the company’s stock valued at $72,973,000 after buying an additional 3,250,499 shares in the last quarter. Finally, Primecap Management Co. CA acquired a new stake in Lions Gate Entertainment Corp. during the second quarter valued at approximately $70,502,000. 96.70% of the stock is owned by institutional investors and hedge funds.

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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