Lions Gate Entertainment Corp. (NYSE:LGF) has received a consensus rating of “Buy” from the seventeen analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $31.57.

LGF has been the topic of several recent analyst reports. SunTrust Banks, Inc. upgraded Lions Gate Entertainment Corp. from a “hold” rating to a “buy” rating and raised their price objective for the company from $28.00 to $31.00 in a research note on Saturday, June 3rd. Deutsche Bank AG initiated coverage on Lions Gate Entertainment Corp. in a research note on Wednesday, June 28th. They set a “hold” rating and a $29.00 price objective on the stock. Loop Capital restated a “buy” rating and set a $36.00 price objective (up from $29.00) on shares of Lions Gate Entertainment Corp. in a research note on Saturday, July 22nd. Rosenblatt Securities restated a “buy” rating and set a $32.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Monday, May 22nd. Finally, Macquarie restated an “outperform” rating and set a $36.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Thursday, August 24th.

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

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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.

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

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