Lions Gate Entertainment Corp.’s (LGF) “Outperform” Rating Reaffirmed at Sanford C. Bernstein

Lions Gate Entertainment Corp. (NYSE:LGF)‘s stock had its “outperform” rating reaffirmed by stock analysts at Sanford C. Bernstein in a report released on Tuesday.

Other analysts also recently issued reports about the company. SunTrust Banks, Inc. raised Lions Gate Entertainment Corp. from a “hold” rating to a “buy” rating and increased their price objective for the stock from $28.00 to $31.00 in a research note on Saturday, June 3rd. B. Riley reissued a “buy” rating and issued a $36.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Saturday, May 27th. Rosenblatt Securities reissued a “buy” rating and issued a $32.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Monday, May 22nd. Argus reissued a “buy” rating and issued a $34.00 price objective on shares of Lions Gate Entertainment Corp. in a research note on Friday, September 1st. Finally, Loop Capital reissued a “buy” rating and issued a $36.00 price objective (up from $29.00) on shares of Lions Gate Entertainment Corp. in a research note on Saturday, July 22nd. Two investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $31.63.

Lions Gate Entertainment Corp. (NYSE:LGF) remained flat at $26.09 on Tuesday. Lions Gate Entertainment Corp. has a 12-month low of $16.21 and a 12-month high of $35.13. The company has a 50-day moving average price of $22.22 and a 200 day moving average price of $21.05.

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About Lions Gate Entertainment Corp.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.

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