Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Given a $40.00 Price Target at Piper Jaffray Companies

Piper Jaffray Companies set a $40.00 price target on Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the company. FBN Securities began coverage on Lions Gate Entertainment Co. Class A Voting Shares in a research report on Friday, September 15th. They set an outperform rating and a $37.71 target price for the company. Zacks Investment Research upgraded Lions Gate Entertainment Co. Class A Voting Shares from a hold rating to a strong-buy rating and set a $35.00 target price for the company in a research report on Wednesday, October 11th. Argus boosted their target price on Lions Gate Entertainment Co. Class A Voting Shares to $38.00 and gave the stock a buy rating in a research report on Wednesday, December 6th. Rosenblatt Securities upgraded Lions Gate Entertainment Co. Class A Voting Shares from a neutral rating to a buy rating in a research report on Monday, November 6th. Finally, UBS Group upgraded Lions Gate Entertainment Co. Class A Voting Shares from a neutral rating to a buy rating in a research report on Monday, November 6th. Four investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Lions Gate Entertainment Co. Class A Voting Shares presently has an average rating of Buy and a consensus price target of $33.38.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) traded down $0.60 during mid-day trading on Wednesday, hitting $32.03. The company had a trading volume of 503,400 shares, compared to its average volume of 650,133. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.01 and a quick ratio of 1.01. Lions Gate Entertainment Co. Class A Voting Shares has a 1-year low of $24.27 and a 1-year high of $34.75. The company has a market cap of $6,829.82, a P/E ratio of 33.36, a price-to-earnings-growth ratio of 3.89 and a beta of 1.15.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last posted its earnings results on Thursday, November 9th. The company reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.42. The business had revenue of $941.00 million during the quarter, compared to the consensus estimate of $953.04 million. Lions Gate Entertainment Co. Class A Voting Shares had a return on equity of 6.96% and a net margin of 5.56%. Lions Gate Entertainment Co. Class A Voting Shares’s revenue was up 47.1% on a year-over-year basis. During the same quarter last year, the company earned $0.01 EPS. sell-side analysts predict that Lions Gate Entertainment Co. Class A Voting Shares will post 1.22 earnings per share for the current fiscal year.

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Analyst Recommendations for Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A)

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