ETO has been the subject of a number of other research reports. Peel Hunt increased their target price on shares of Entertainment One from GBX 225 ($2.92) to GBX 240 ($3.12) and gave the company a hold rating in a research report on Wednesday, June 7th. J P Morgan Chase & Co increased their target price on shares of Entertainment One from GBX 257 ($3.34) to GBX 269 ($3.49) and gave the company an overweight rating in a research report on Wednesday, May 24th. Citigroup Inc. initiated coverage on shares of Entertainment One in a research report on Friday, July 7th. They set a buy rating and a GBX 295 ($3.83) target price for the company. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 215 ($2.79) price target on shares of Entertainment One in a report on Tuesday, May 23rd. Finally, Investec reaffirmed a buy rating and issued a GBX 280 ($3.63) price target on shares of Entertainment One in a report on Tuesday, May 23rd. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 252.22 ($3.27).
Entertainment One (LON ETO) traded down 1.87% during mid-day trading on Friday, hitting GBX 236.40. The stock had a trading volume of 335,686 shares. The stock’s market cap is GBX 1.01 billion. The firm’s 50-day moving average price is GBX 234.96 and its 200-day moving average price is GBX 236.23. Entertainment One has a 1-year low of GBX 199.64 and a 1-year high of GBX 258.74.
The firm also recently disclosed a dividend, which will be paid on Friday, September 8th. Stockholders of record on Thursday, July 6th will be paid a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, July 6th. This represents a dividend yield of 0.55%. This is a positive change from Entertainment One’s previous dividend of $1.20.
In other Entertainment One news, insider Joe Sparacio acquired 10,000 shares of the business’s stock in a transaction dated Friday, June 23rd. The shares were purchased at an average price of GBX 224 ($2.91) per share, for a total transaction of £22,400 ($29,079.58).
Entertainment One Company Profile
Entertainment One Ltd is a Canada-based independent entertainment company focused on the acquisition, production and distribution of television, family, film and music content rights across all media across the world. The Company’s segments include Television, Family and Film. The Television segment is engaged in the production, acquisition and exploitation of television and music content rights across all media.
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