Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) PT Raised to $31.00 at B. Riley

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) had its price target raised by B. Riley from $29.00 to $31.00 in a research note issued on Friday. The firm currently has a “buy” rating on the stock. B. Riley’s price objective points to a potential downside of 0.74% from the company’s current price. B. Riley also issued estimates for Lions Gate Entertainment Co. Class A Voting Shares’ Q3 2018 earnings at $0.23 EPS, FY2018 earnings at $1.11 EPS, FY2019 earnings at $0.83 EPS, FY2020 earnings at $1.29 EPS and FY2021 earnings at $1.61 EPS.

Other analysts have also recently issued research reports about the stock. Rosenblatt Securities raised shares of Lions Gate Entertainment Co. Class A Voting Shares from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. KeyCorp set a $30.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a report on Tuesday, October 24th. Piper Jaffray Companies set a $35.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a report on Wednesday, October 11th. Loop Capital raised their target price on shares of Lions Gate Entertainment Co. Class A Voting Shares from $29.00 to $36.00 and gave the company a “buy” rating in a report on Friday, July 21st. Finally, UBS AG raised shares of Lions Gate Entertainment Co. Class A Voting Shares from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Lions Gate Entertainment Co. Class A Voting Shares currently has an average rating of “Buy” and a consensus price target of $32.56.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ LGF.A) opened at $31.23 on Friday. Lions Gate Entertainment Co. Class A Voting Shares has a 1-year low of $24.27 and a 1-year high of $33.68.

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) last issued its earnings results on Thursday, November 9th. The company reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.42. The firm had revenue of $941.00 million during the quarter, compared to analyst estimates of $953.04 million. The firm’s revenue was up 47.1% compared to the same quarter last year. During the same period last year, the business earned $0.01 EPS.

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Analyst Recommendations for Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A)

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