How Does Lions Gate Entertainment Corp Class A (LGF.A) Stock Rank on Wall Street Monday?

Monday, March 11, 2024 11:00 AM | InvestorsObserver Analysts

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How Does Lions Gate Entertainment Corp Class A (LGF.A) Stock Rank on Wall Street Monday?

InvestorsObserver is giving Lions Gate Entertainment Corp Class A (LGF.A) an Analyst Rating Rank of 26, meaning LGF.A is ranked higher by analysts than 26% of stocks. The average price target for LGF.A is $12 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating LGF.A a Buy today. Find out what this means to you and get the rest of the rankings on LGF.A!

See Full LGF.A Report

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Lions Gate Entertainment Corp Class A Stock Today?

Lions Gate Entertainment Corp Class A (LGF.A) stock has risen 7.84% while the S&P 500 is lower by -0.23% as of 10:59 AM on Monday, Mar 11. LGF.A has gained $0.72 from the previous closing price of $9.18 on volume of 298,970 shares. Over the past year the S&P 500 is up 32.58% while LGF.A has gained 8.55%. LGF.A lost -$4.97 per share the over the last 12 months. Click Here to get the full Stock Report for Lions Gate Entertainment Corp Class A stock.