Media headlines about Lions Gate Entertainment (NYSE:LGF) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lions Gate Entertainment earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.6523977149606 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Lions Gate Entertainment (LGF) traded down $1.67 during midday trading on Tuesday, reaching $31.04. 1,260,700 shares of the company’s stock were exchanged, compared to its average volume of 2,960,000. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.64 and a current ratio of 1.64. Lions Gate Entertainment has a one year low of $31.03 and a one year high of $33.00.
Several analysts have recently commented on LGF shares. Argus restated a “buy” rating and set a $34.00 price objective on shares of Lions Gate Entertainment in a research report on Friday, September 1st. Rosenblatt Securities upgraded shares of Lions Gate Entertainment from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. FBN Securities started coverage on shares of Lions Gate Entertainment in a research report on Friday, September 15th. They set an “outperform” rating on the stock. Sanford C. Bernstein restated an “outperform” rating on shares of Lions Gate Entertainment in a research report on Tuesday, September 12th. Finally, Macquarie restated an “outperform” rating and set a $36.00 price objective on shares of Lions Gate Entertainment in a research report on Thursday, August 24th. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $32.62.
About Lions Gate Entertainment
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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