Entertainment One Ltd (ETO) Stock Rating Reaffirmed by Peel Hunt
Entertainment One Ltd (LON:ETO)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 240 ($3.17) target price on the stock. Peel Hunt’s price objective points to a potential downside of 16.03% from the company’s current price.
Several other equities analysts also recently weighed in on the stock. Citigroup Inc. reiterated a “buy” rating and issued a GBX 340 ($4.49) target price on shares of Entertainment One in a research note on Tuesday. J P Morgan Chase & Co lifted their target price on shares of Entertainment One from GBX 269 ($3.55) to GBX 331 ($4.37) and gave the stock an “overweight” rating in a research note on Friday, October 6th. Finally, Credit Suisse Group reiterated a “neutral” rating on shares of Entertainment One in a research note on Friday, July 21st. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 264.11 ($3.49).
Entertainment One (LON ETO) traded up GBX 3.01 ($0.04) during midday trading on Thursday, reaching GBX 285.81 ($3.77). 2,820,000 shares of the company were exchanged, compared to its average volume of 868,207. Entertainment One has a 1-year low of GBX 210.50 ($2.78) and a 1-year high of GBX 293.90 ($3.88).
In other news, insider Mark William Opzoomer acquired 5,000 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was bought at an average cost of GBX 255 ($3.37) per share, for a total transaction of £12,750 ($16,825.02).
Entertainment One Company Profile
Entertainment One Ltd is a Canada-based independent entertainment company focused on the acquisition, production and distribution of television, family, film and music content rights across all media across the world. The Company’s segments include Television, Family and Film. The Television segment is engaged in the production, acquisition and exploitation of television and music content rights across all media.
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