Macquarie Thinks Lions Gate Ent Corp Cl A’s Stock is Going to Recover


Macquarie analyst Amy Yong reiterated a Buy rating on Lions Gate Ent Corp Cl A (NYSE: LGF.A) on October 12 and set a price target of $32. The company’s shares closed yesterday at $22.95, close to its 52-week low of $21.28.

According to TipRanks.com, Yong is a 4-star analyst with an average return of 4.8% and a 52.5% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Liberty Global PLC LiLAC Class A, 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 $29.60.

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Lions Gate Ent Corp Cl A’s market cap is currently $4.91B and has a P/E ratio of 16.63. The company has a Price to Book ratio of 1.53.

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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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