Lions Gate PT Raised to $27.00 at B. Riley Caris (LGF)

Lions Gate (NYSE: LGF) had its target price lifted by B. Riley Caris from $23.00 to $27.00 in a report released on Wednesday. B. Riley Caris currently has a buy rating on the stock.

Lions Gate (NYSE: LGF) opened at 23.27 on Wednesday. Lions Gate has a 52-week low of $11.26 and a 52-week high of $23.45. The stock’s 50-day moving average is currently $20.35. The company has a market cap of $3.146 billion and a price-to-earnings ratio of 69.05.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a neutral rating on shares of Lions Gate in a research note to investors on Monday, February 18th. They now have a $21.00 price target on the stock. Separately, analysts at S&P Equity Research raised their price target on shares of Lions Gate from $19.00 to $22.00 in a research note to investors on Wednesday, February 13th. Finally, analysts at RBC Capital raised their price target on shares of Lions Gate from $18.00 to $21.00 in a research note to investors on Wednesday, February 13th.

Nine analysts have rated the stock with a buy rating, one has issued an overweight rating, and one has issued a hold rating to the company’s stock. Lions Gate presently has a consensus rating of buy and an average target price of $23.00.

Lions Gate Entertainment Corp. is a global entertainment company with a diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution and new channel platforms.

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