Entertainment One Ltd (LON:ETO) Receives GBX 548.40 Consensus PT from Brokerages

Entertainment One Ltd (LON:ETO) has earned a consensus rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 548.40 ($7.17).

Several analysts recently issued reports on ETO shares. Numis Securities reiterated a “buy” rating and issued a GBX 573 ($7.49) price target on shares of Entertainment One in a report on Monday, June 17th. JPMorgan Chase & Co. lowered their price target on Entertainment One from GBX 655 ($8.56) to GBX 649 ($8.48) and set an “overweight” rating for the company in a report on Tuesday, May 21st. Stifel Nicolaus increased their price target on Entertainment One from GBX 475 ($6.21) to GBX 550 ($7.19) and gave the company a “buy” rating in a report on Friday, April 5th. Investec increased their price target on Entertainment One from GBX 455 ($5.95) to GBX 500 ($6.53) and gave the company a “buy” rating in a report on Friday, April 5th. Finally, Citigroup reiterated a “buy” rating on shares of Entertainment One in a report on Friday, April 5th.

Shares of ETO opened at GBX 377.40 ($4.93) on Wednesday. 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 has a market capitalization of $1.87 billion and a P/E ratio of 150.96. Entertainment One has a twelve month low of GBX 333.20 ($4.35) and a twelve month high of GBX 485.40 ($6.34).

The business also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, July 11th will be issued a GBX 1.50 ($0.02) dividend. This is an increase from Entertainment One’s previous dividend of $1.40. This represents a yield of 0.34%. The ex-dividend date is Thursday, July 11th. Entertainment One’s dividend payout ratio is currently 0.40%.

In related news, insider Robert McFarlane purchased 10,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was purchased at an average cost of GBX 407 ($5.32) per share, for a total transaction 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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Analyst Recommendations for Entertainment One (LON:ETO)

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