Shares of Entertainment One (LON:ETO) have been assigned a consensus rating of “Buy” from the nine research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 311.50 ($4.37).
Several brokerages recently commented on ETO. Royal Bank of Canada dropped their price target on Entertainment One from GBX 350 ($4.91) to GBX 340 ($4.77) and set an “outperform” rating for the company in a research report on Thursday. Peel Hunt reissued a “hold” rating on shares of Entertainment One in a research note on Wednesday, April 4th. JPMorgan Chase reissued an “overweight” rating and set a GBX 367 ($5.15) price objective on shares of Entertainment One in a research note on Tuesday, March 27th. Citigroup reissued a “buy” rating and set a GBX 350 ($4.91) price objective on shares of Entertainment One in a research note on Tuesday, January 30th. Finally, Investec reissued a “buy” rating and set a GBX 357 ($5.01) price objective on shares of Entertainment One in a research note on Thursday, January 11th.
In other news, insider Darren Dennis Throop sold 1,170,005 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of GBX 293 ($4.11), for a total value of £3,428,114.65 ($4,812,064.36).
Shares of ETO opened at GBX 276.40 ($3.88) on Wednesday. Entertainment One has a one year low of GBX 210.50 ($2.95) and a one year high of GBX 334.40 ($4.69).
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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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