Entertainment One Ltd (ETO) Given Average Recommendation of “Buy” by Analysts

Entertainment One Ltd (LON:ETO) has been given a consensus rating of “Buy” by the nine brokerages that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 298.71 ($4.13).

Several analysts recently weighed in on ETO shares. Peel Hunt lifted their price target on Entertainment One from GBX 240 ($3.32) to GBX 260 ($3.59) and gave the stock a “hold” rating in a report on Tuesday, November 21st. JPMorgan Chase & Co. lifted their price target on Entertainment One from GBX 331 ($4.57) to GBX 339 ($4.68) and gave the stock an “overweight” rating in a report on Wednesday, November 22nd. Investec reissued a “buy” rating and set a GBX 357 ($4.93) price target on shares of Entertainment One in a report on Thursday, January 11th. Finally, Citigroup restated a “buy” rating and set a GBX 350 ($4.84) price objective on shares of Entertainment One in a research note on Tuesday, January 30th.

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In other news, insider Darren Dennis Throop sold 1,170,005 shares of Entertainment One stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of GBX 293 ($4.05), for a total value of £3,428,114.65 ($4,736,273.35).

Entertainment One (LON:ETO) traded down GBX 2.40 ($0.03) on Friday, hitting GBX 298 ($4.12). The stock had a trading volume of 344,385 shares, compared to its average volume of 920,339. The firm has a market capitalization of $1,370.00 and a PE ratio of 14,900.00. Entertainment One has a 52 week low of GBX 210.50 ($2.91) and a 52 week high of GBX 334.40 ($4.62).

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Entertainment One Company Profile

Entertainment One Ltd is a Canada-based independent entertainment company focused on the acquisition, production and distribution of television, family, film and music content rights across all media across the world. The Company’s segments include Television, Family and Film. The Television segment is engaged in the production, acquisition and exploitation of television and music content rights across all media.

Analyst Recommendations for Entertainment One (LON:ETO)

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