Lions Gate Entertainment (LGF.B) Stock Rating Lowered by ValuEngine

ValuEngine downgraded shares of Lions Gate Entertainment (NYSE:LGF.B) from a hold rating to a sell rating in a report issued on Monday, February 4th.

A number of other analysts also recently issued reports on LGF.B. B. Riley lowered their target price on Lions Gate Entertainment from $27.00 to $20.00 and set a buy rating on the stock in a research report on Wednesday, December 19th. Loop Capital lowered their price target on Lions Gate Entertainment from $36.00 to $33.00 and set a buy rating on the stock in a research report on Monday, October 22nd.

LGF.B stock opened at $14.78 on Monday. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 17.59 and a beta of 1.97. Lions Gate Entertainment has a 1-year low of $12.85 and a 1-year high of $28.46.

In related news, Director Gordon Crawford purchased 75,000 shares of the stock in a transaction dated Thursday, December 20th. The stock was bought at an average cost of $14.21 per share, for a total transaction of $1,065,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO James W. Barge purchased 10,000 shares of the stock in a transaction dated Friday, December 21st. The shares were bought at an average price of $13.58 per share, with a total value of $135,800.00. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 95,000 shares of company stock valued at $1,364,750.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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