Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Lions Gate Entertainment Corp (NYSE: LGF.A) improved during the last several trading days. LGF.A’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 6/7/24, Lions Gate Entertainment Corp (NYSE: LGF.A) stock declined slightly by -0.6%, closing at $7.75. Moreover, trading volume in this decline was above average at 138% of normal. The stock has performed in line with the market over the last nine months and has declined -3.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, LGF.A is expected to continue to be a major Value Builder.
Lions Gate Entertainment has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lions Gate Entertainment has a poor Appreciation Score of 28 but a neutral Power Rating of 60, producing the Low Neutral Value Trend Rating.
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