Citigroup Reaffirms “Buy” Rating for Entertainment One (ETO)
Entertainment One (LON:ETO)‘s stock had its “buy” rating reiterated by Citigroup in a note issued to investors on Thursday.
Other equities research analysts also recently issued research reports about the stock. Peel Hunt reissued a “hold” rating on shares of Entertainment One in a research report on Wednesday, April 4th. Royal Bank of Canada cut their price objective on shares of Entertainment One from GBX 350 ($4.75) to GBX 340 ($4.61) and set an “outperform” rating for the company in a research report on Thursday, April 5th. Finally, JPMorgan Chase reissued an “overweight” rating and set a GBX 367 ($4.98) price objective on shares of Entertainment One in a research report on Tuesday, March 27th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Entertainment One has a consensus rating of “Buy” and a consensus target price of GBX 304.86 ($4.14).
Shares of ETO stock opened at GBX 282.20 ($3.83) on Thursday. Entertainment One has a 1 year low of GBX 210.50 ($2.86) and a 1 year high of GBX 334.40 ($4.54).
Entertainment One Ltd. focuses on the acquisition, production, and distribution of television (TV), family, film, and music content rights across various media worldwide. The company operates in three segments: Television, Family, and Film. It sells and distributes films on screens in theatres, on DVD, and digitally and on TV; develops, produces, and distributes TV programming content; develops, produces, sells, distributes, and licenses characters, stories, and series to kids and families; and records, distributes, and licenses albums and songs.
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