Lions Gate Entertainment Corporation (NYSE:LGF) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.55 by 11 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. RBC Capital initiates coverage on Lions Gate Entertainment Corporation (NYSE:LGF).The analysts at the brokerage house have a current rating of Sector Perform on the shares. In a recent information released to the investors, RBC Capital announces the price target of $22 per share. The rating by the firm was issued on April 7, 2016.
Lions Gate Entertainment Corporation (NYSE:LGF): 10 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $28.3 in Lions Gate Entertainment Corporation (NYSE:LGF). However, the stock price could fluctuate by $ 5.7 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $41 price target with the lower price estimate is calculated at $22
Lions Gate Entertainment Corporation (NYSE:LGF) witnessed a decline in the market cap on Tuesday as its shares dropped 4.12% or 0.89 points. After the session commenced at $21.67, the stock reached the higher end at $21.7256 while it hit a low of $20.71. With the volume soaring to 1,827,790 shares, the last trade was called at $20.73. The company has a 52-week high of $41.41. The company has a market cap of $3,052 million and there are 147,227,800 shares in outstanding. The 52-week low of the share price is $16.21.
Lions Gate Entertainment Corp. has dropped 2.49% in the last five trading days, however, the shares have posted positive gains of 4.75% in the last 4 weeks. Lions Gate Entertainment Corp. has dropped 4.9% during the last 3-month period . Year-to-Date the stock performance stands at -35.73%.
Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, channel platforms and international distribution and sales. The Company operates through two segments: Motion Pictures and Television Production. The Companys Motion Pictures segment consists of the development and production of feature films, acquisition of North American and global distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and global licensing of distribution rights to feature films produced and acquired. The Companys Television Production segment consists of the development, production and global distribution of television productions, including television series, television movies and mini-series and non-fiction programming.