Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Price Target Raised to $41.00 at SunTrust Banks

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) had its price target raised by SunTrust Banks from $36.00 to $41.00 in a research note published on Friday, January 19th, The Fly reports. SunTrust Banks currently has a buy rating on the stock. SunTrust Banks also issued estimates for Lions Gate Entertainment Co. Class A Voting Shares’ Q4 2018 earnings at $0.14 EPS and FY2019 earnings at $0.71 EPS.

LGF.A has been the subject of a number of other research reports. Rosenblatt Securities cut Lions Gate Entertainment Co. Class A Voting Shares from a buy rating to a neutral rating and set a $33.00 price objective for the company. in a research note on Wednesday, October 4th. They noted that the move was a valuation call. ValuEngine upgraded Lions Gate Entertainment Co. Class A Voting Shares from a sell rating to a hold rating in a research note on Friday, December 1st. UBS Group cut Lions Gate Entertainment Co. Class A Voting Shares from a buy rating to a neutral rating in a research note on Wednesday, October 4th. Royal Bank of Canada upped their price target on Lions Gate Entertainment Co. Class A Voting Shares from $35.00 to $36.00 and gave the stock an outperform rating in a research note on Friday, November 10th. Finally, B. Riley upped their price target on Lions Gate Entertainment Co. Class A Voting Shares from $29.00 to $31.00 and gave the stock a buy rating in a research note on Friday, November 10th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Lions Gate Entertainment Co. Class A Voting Shares currently has an average rating of Buy and a consensus target price of $34.71.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) traded up $0.24 on Friday, reaching $27.05. 1,490,000 shares of the company traded hands, compared to its average volume of 1,120,000. The stock has a market cap of $2,200.00 and a price-to-earnings ratio of 12.64. Lions Gate Entertainment Co. Class A Voting Shares has a 12-month low of $24.27 and a 12-month high of $36.48. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.01 and a current ratio of 1.01.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last released its earnings results on Thursday, February 8th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.28. Lions Gate Entertainment Co. Class A Voting Shares had a return on equity of 9.38% and a net margin of 10.22%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the company posted $0.20 EPS. Lions Gate Entertainment Co. Class A Voting Shares’s revenue was up 51.9% compared to the same quarter last year. research analysts anticipate that Lions Gate Entertainment Co. Class A Voting Shares will post 1.16 earnings per share for the current year.

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