Lions Gate (NYSE: LGF) had its target price raised by RBC Capital from $18.00 to $21.00 in a research note issued to investors on Wednesday morning.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cowen reiterated an outperform rating on shares of Lions Gate in a research note to investors on Wednesday. Separately, analysts at B. Riley Caris raised their price target on shares of Lions Gate from $21.00 to $23.00 in a research note to investors on Friday, February 8th. They now have a buy rating on the stock. Finally, analysts at B. Riley raised their price target on shares of Lions Gate to $23.00 in a research note to investors on Friday, February 8th.
Nine equities research analysts have rated the stock with a buy rating, one has assigned an overweight rating, and one has issued a hold rating to the company. The company presently has a consensus rating of buy and an average price target of $22.56.
Shares of Lions Gate traded up 0.69% during mid-day trading on Wednesday, hitting $20.54. Lions Gate has a one year low of $11.26 and a one year high of $20.67. The stock’s 50-day moving average is currently $18.13. The company has a market cap of $2.776 billion and a P/E ratio of 60.18.
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