Lions Gate Entertainment (NYSE:LGF) price target dropped to $26.00, released a report earlier today by Wunderlich Securities
- Updated: October 12, 2016
Indicating a possible upside of 0.35%, Wunderlich Securities reduced the stock price target of Lions Gate Entertainment (NYSE:LGF) to $26.00
Yesterday Lions Gate Entertainment (NYSE:LGF) traded -2.08% lower at $19.27. The company’s 50-day moving average is $20.68 and its 200-day moving average is $20.76. The last closing price is down -7.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,775,448 shares of Lions Gate Entertainment exchanged hands, up from an avg. volume of 2,549,440
With a total market value of $0, Lions Gate Entertainment has price-earnings ratio of 271.41 with a one year low of $16.21 and a one year high of $41.41 .
A total of 17 equity analysts have released a ratings update on LGF. 6 analysts rating the company a strong buy, eight equity analysts rating the company a buy, two brokerages rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a consensus target price of $28.47.
About Lions Gate Entertainment (NYSE:LGF)
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. The Company's Motion Pictures segment consists of the development and production of feature films, acquisition of North American and around the world distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and around the world licensing of distribution rights to feature films produced and acquired. The Company's Television Production segment consists of the development, production and around the world distribution of television productions, including television series, television movies, and mini-series and non-fiction programming.
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