Entertainment One (LON:ETO) had its target price decreased by Royal Bank of Canada from GBX 350 ($4.91) to GBX 340 ($4.77) in a research note published on Thursday morning. Royal Bank of Canada currently has an outperform rating on the stock.
Other analysts also recently issued reports about the company. Citigroup reissued a buy rating and set a GBX 350 ($4.91) price objective on shares of Entertainment One in a research report on Tuesday, January 30th. Investec restated a buy rating and set a GBX 357 ($5.01) target price on shares of Entertainment One in a report on Thursday, January 11th. Peel Hunt restated a hold rating and set a GBX 300 ($4.21) target price on shares of Entertainment One in a report on Tuesday, January 30th. Finally, JPMorgan Chase restated an overweight rating and set a GBX 367 ($5.15) target price on shares of Entertainment One in a report on Tuesday, March 27th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of GBX 296.75 ($4.17).
Shares of LON:ETO opened at GBX 277 ($3.89) on Thursday. Entertainment One has a 12-month low of GBX 210.50 ($2.95) and a 12-month high of GBX 334.40 ($4.69).
In related news, insider Darren Dennis Throop sold 1,170,005 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of GBX 293 ($4.11), for a total transaction of £3,428,114.65 ($4,812,064.36).
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About Entertainment One
Entertainment One Ltd. focuses on the acquisition, production, and distribution of television (TV), family, film, and music content rights across various media worldwide. The company operates in three segments: Television, Family, and Film. It sells and distributes films on screens in theatres, on DVD, and digitally and on TV; develops, produces, and distributes TV programming content; develops, produces, sells, distributes, and licenses characters, stories, and series to kids and families; and records, distributes, and licenses albums and songs.
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