Barrington Keeps a Buy Rating on Lions Gate Ent Corp Cl A (LGF.A)


In a report released today, James Goss from Barrington maintained a Buy rating on Lions Gate Ent Corp Cl A (LGF.A), with a price target of $21. The company’s shares closed on Friday at $16.57.

Goss noted:

“We are using a fiscal 2020 price target but lowering our price target to $21, reflecting a target multiple of about 10x our fiscal (March) 2020 OIBDA estimates.”

According to TipRanks.com, Goss is a 5-star analyst with an average return of 9.1% and a 59.2% success rate. Goss covers the Services sector, focusing on stocks such as Nexstar Media Group Inc, Sirius XM Holdings Inc, and iPic Entertainment Inc.

Lions Gate Ent Corp Cl A has an analyst consensus of Strong Buy, with a price target consensus of $26.14.

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The company has a one-year high of $30.35 and a one-year low of $13.63. Currently, Lions Gate Ent Corp Cl A has an average volume of 1.09M.

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Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales.

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