Shares of Entertainment One Ltd (LON:ETO) have received an average rating of “Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a buy recommendation. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 548.40 ($7.17).
Several equities analysts have recently weighed in on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $100.00 target price on shares of LivaNova in a research note on Friday, April 5th. Investec reiterated a “sell” rating on shares of CLOSE BROS GRP/ADR in a research note on Friday, April 5th. Royal Bank of Canada reduced their target price on shares of Analog Devices from $140.00 to $120.00 and set an “outperform” rating for the company in a research note on Wednesday, May 22nd. Berenberg Bank lifted their target price on shares of from GBX 54 ($0.71) to GBX 56 ($0.73) and gave the stock a “buy” rating in a research note on Tuesday, July 9th. Finally, Citigroup set a $140.00 price objective on shares of SYNNEX and gave the company a “buy” rating in a research note on Friday, April 12th.
ETO stock traded up GBX 18.80 ($0.25) during mid-day trading on Friday, hitting GBX 447.80 ($5.85). The company had a trading volume of 5,860,152 shares, compared to its average volume of 908,232. The stock has a market cap of $2.22 billion and a price-to-earnings ratio of 179.12. The company has a debt-to-equity ratio of 82.41, a quick ratio of 0.99 and a current ratio of 1.46. Entertainment One has a 12 month low of GBX 333.20 ($4.35) and a 12 month high of GBX 485.40 ($6.34). The firm’s fifty day moving average is GBX 404.68.
The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, July 11th will be paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend is Thursday, July 11th. This represents a yield of 0.34%. This is a boost from Entertainment One’s previous dividend of $1.40. Entertainment One’s payout ratio is currently 0.40%.
In other news, insider Robert McFarlane acquired 10,000 shares of Entertainment One stock in a transaction that occurred on Thursday, May 23rd. The stock was bought at an average price of GBX 407 ($5.32) per share, with a total value of £40,700 ($53,181.76).
Entertainment One Company Profile
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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