TD Cowen initiated coverage on shares of Lionsgate Entertainment (NYSE:LION - Get Free Report) in a note issued to investors on Monday,Briefing.com Automated Import reports. The firm set a "hold" rating and a $8.00 price target on the stock. TD Cowen's price objective points to a potential upside of 10.19% from the company's current price.
Other research analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of Lionsgate Entertainment from a "hold" rating to a "buy" rating in a research report on Friday, May 2nd. JPMorgan Chase & Co. raised Lionsgate Entertainment from an "underweight" rating to a "neutral" rating and boosted their price objective for the company from $8.00 to $9.00 in a report on Monday, March 31st. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $8.50.
View Our Latest Report on Lionsgate Entertainment
Lionsgate Entertainment Price Performance
NYSE:LION opened at $7.26 on Monday. Lionsgate Entertainment has a 1-year low of $5.98 and a 1-year high of $10.70. The company has a market capitalization of $2.10 billion, a PE ratio of -5.85, a P/E/G ratio of 13.47 and a beta of 1.07. The firm's 50-day moving average price is $8.56 and its 200-day moving average price is $8.46.
Lionsgate Entertainment (NYSE:LION - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.22. Lionsgate Entertainment had a negative return on equity of 57.26% and a negative net margin of 7.34%. Equities analysts anticipate that Lionsgate Entertainment will post 0.08 EPS for the current fiscal year.
Lionsgate Entertainment Company Profile
(
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Lionsgate Studios Corp. engages in the provision of motion picture and studio operations that bring a varied portfolio of entertainment to consumers. The company is headquartered in Santa Monica, CA.
Further Reading
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