Berenberg Bank restated their buy rating on shares of Entertainment One (LON:ETO) in a research note released on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also issued reports on ETO. Investec reaffirmed a sell rating on shares of CLOSE BROS GRP/ADR in a research report on Friday, April 5th. Stifel Nicolaus reaffirmed a buy rating and issued a $100.00 target price on shares of LivaNova in a research report on Friday, April 5th. JPMorgan Chase & Co. set a €20.00 ($23.26) target price on STMicroelectronics and gave the company a buy rating in a research report on Tuesday, May 21st. Citigroup set a $140.00 target price on SYNNEX and gave the company a buy rating in a research report on Friday, April 12th. Finally, Royal Bank of Canada cut their target price on Analog Devices from $140.00 to $120.00 and set an outperform rating on the stock in a research report on Wednesday, May 22nd. Seven analysts have rated the stock with a buy rating, The stock has an average rating of Buy and an average price target of GBX 536.17 ($7.01).
LON ETO opened at GBX 421 ($5.50) on Tuesday. The stock has a market cap of $2.09 billion and a PE ratio of 168.40. Entertainment One has a fifty-two week low of GBX 333.20 ($4.35) and a fifty-two week high of GBX 485.40 ($6.34). The business has a 50 day moving average of GBX 406.02. The company has a debt-to-equity ratio of 82.41, a quick ratio of 0.99 and a current ratio of 1.46.
The firm also recently announced a dividend, which will be paid on Friday, September 6th. Shareholders of record on Thursday, July 11th will be given a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 0.34%. This is a positive change from Entertainment One’s previous dividend of $1.40. The ex-dividend date of this dividend is Thursday, July 11th. Entertainment One’s dividend payout ratio is presently 0.40%.
In other Entertainment One news, insider Robert McFarlane bought 10,000 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were bought at an average cost of GBX 407 ($5.32) per share, with a total value of £40,700 ($53,181.76).
About Entertainment One
Entertainment One Ltd. engages in the acquisition, development, production, financing, distribution, and sale of family, television (TV), music, and film content rights across various media worldwide. The company operates in three segments: Family & Brands, Television, and Film. It distributes and sells films on screens in theatres and digitally, on DVDs and Blu-rays, and on TV; develops, produces, and distributes TV content across genres, platforms, and territories; and records, distributes, and licenses albums and songs.
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