Lionsgate Studios Corp. (NYSE:LION) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Lionsgate Studios, with six buys, three holds and one sell among 10 firms. The average 12-month price target is $15.575, above the reported $11.73 share price.
• Recent analyst views have been mixed but generally constructive: Citigroup downgraded the stock to neutral, while Barrington Research and Benchmark raised their targets to $17 and Raymond James maintained an outperform rating.
• Several institutional investors increased their positions, while Lionsgate shares have traded between $5.88 and $16.70 over the past year. The stock’s 50-day moving average is $13.95 and its 200-day average is $11.80.

Shares of Lionsgate Studios Corp. (NYSE:LION - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the ten research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $15.5750.

LION has been the topic of a number of recent analyst reports. Citigroup lowered Lionsgate Studios from a "buy" rating to a "neutral" rating and increased their target price for the stock from $11.00 to $12.60 in a research note on Monday, April 20th. Raymond James Financial restated an "outperform" rating and issued a $15.00 price target on shares of Lionsgate Studios in a report on Friday, May 22nd. Barrington Research raised their price target on shares of Lionsgate Studios from $14.50 to $17.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 26th. Benchmark lifted their price objective on shares of Lionsgate Studios from $15.00 to $17.00 and gave the company a "buy" rating in a report on Thursday, June 11th. Finally, Zacks Research cut shares of Lionsgate Studios from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 22nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. New York State Common Retirement Fund raised its position in Lionsgate Studios by 2.3% during the 4th quarter. New York State Common Retirement Fund now owns 53,587 shares of the company's stock valued at $489,000 after purchasing an additional 1,200 shares in the last quarter. Cresset Asset Management LLC grew its position in shares of Lionsgate Studios by 2.9% during the 3rd quarter. Cresset Asset Management LLC now owns 60,924 shares of the company's stock worth $420,000 after buying an additional 1,743 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in shares of Lionsgate Studios by 10.0% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 20,925 shares of the company's stock worth $191,000 after buying an additional 1,900 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Lionsgate Studios by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 37,454 shares of the company's stock valued at $342,000 after buying an additional 2,410 shares during the period. Finally, CWM LLC raised its holdings in shares of Lionsgate Studios by 51.6% in the fourth quarter. CWM LLC now owns 9,291 shares of the company's stock valued at $85,000 after acquiring an additional 3,161 shares in the last quarter.

Lionsgate Studios Stock Performance

Shares of NYSE LION opened at $11.73 on Thursday. The business's 50 day moving average price is $13.95 and its 200-day moving average price is $11.80. Lionsgate Studios has a fifty-two week low of $5.88 and a fifty-two week high of $16.70. The company has a market cap of $3.49 billion, a price-to-earnings ratio of -27.93 and a beta of 0.72.

About Lionsgate Studios

Lionsgate Studios, operating under the ticker NYSE:LION, is a leading global entertainment company specializing in the production, acquisition and distribution of motion pictures, television programming and digital content. Headquartered in Santa Monica, California, and with additional operations in Vancouver, the company develops, finances and markets feature films that span a wide range of genres—from major franchise hits like The Hunger Games and John Wick to independent and specialty titles.

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