Lions Gate Entertainment Corp (NYSE: LGF.A) stock enjoyed a major increase of 10.8% on 3/11/24. The shares closed at $10.16. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.6% during the last week.
Current PriceTarget Research Rating
LGF.A is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Lions Gate Entertainment has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Lions Gate Entertainment has a poor Appreciation Score of 24 but a good Power Rating of 84, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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