Macquarie Reaffirms Their Buy Rating on Lions Gate Ent Corp Cl A (LGF.A)
Macquarie analyst Amy Yong maintained a Buy rating on Lions Gate Ent Corp Cl A (LGF.A) on February 7 and set a price target of $29. The company’s shares closed on Friday at $16.57.
According to TipRanks.com, Yong is a 4-star analyst with an average return of 4.4% and a 53.3% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Live Nation Entertainment, and Madison Square Garden Co.
Currently, the analyst consensus on Lions Gate Ent Corp Cl A is a Strong Buy with an average price target of $26.50, implying a 59.9% upside from current levels. In a report issued on February 8, Barrington also maintained a Buy rating on the stock with a $27 price target.
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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.