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Lions Gate Entertainment Corp. Message Board

  • lagunadan92677 lagunadan92677 May 2, 2013 4:36 AM Flag

    Lionsgate Stock Hits Another All-Time High

    Variety, May 1

    Wall Street’s bullishness on Lionsgate has lifted the stock to another all-time high on optimism over its young-adult film franchises.
    The stock rose 35¢, or 1.4%, to $25.16 in trading Wednesday in the wake of an aggressive price target hike by analyst Alan Gould of Evercore to $30 from $24.
    Gould also raised his earnings per share estimate for the quarter ended March 31 to 48 cents from 42 cents based on strong new film results, the homevid release of the final “Twilight” and the availability of “The Hunger Games” in the pay TV window.

    Sentiment: Strong Buy

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