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).
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.
Featured Story: What is dividend yield?
Receive News & Ratings for Entertainment One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entertainment One and related companies with MarketBeat.com's FREE daily email newsletter.