The stock of Entertainment One Ltd (LON:ETO) is a huge mover today! The stock decreased 1.80% or GBX 4.05 on November 24, hitting GBX 221.45. About 1.29 million shares traded hands or 20.56% up from the average. Entertainment One Ltd (LON:ETO) has risen 15.76% since April 26, 2016 and is uptrending. It has outperformed by 10.35% the S&P500.
The move comes after 6 months positive chart setup for the GBX 950.79M company. It was reported on Nov, 24 by Barchart.com. We have GBX 232.52 PT which if reached, will make LON:ETO worth GBX 47.54 million more.
Entertainment One Ltd (LON:ETO) Ratings Coverage
Out of 8 analysts covering Entertainment One Group (LON:ETO), 3 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 38% are positive. Entertainment One Group has been the topic of 56 analyst reports since September 9, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Tuesday, November 22 by Numis Securities. Numis Securities downgraded Entertainment One Ltd (LON:ETO) rating on Tuesday, May 24. Numis Securities has “Hold” rating and GBX 190 price target. The firm has “Overweight” rating by JP Morgan given on Thursday, March 3. The rating was maintained by Numis Securities on Friday, November 6 with “Add”. JP Morgan maintained the shares of ETO in a report on Monday, October 3 with “Overweight” rating. The stock has “Buy” rating given by Canaccord Genuity on Thursday, October 1. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 18. The rating was maintained by Investec with “Buy” on Friday, October 9. The stock has “Buy” rating given by Canaccord Genuity on Thursday, November 19. Peel Hunt downgraded the shares of ETO in a report on Tuesday, December 8 to “Reduce” rating.
More recent Entertainment One Ltd (LON:ETO) news were published by: Business.Financialpost.com which released: “Entertainment One Ltd downgraded after rejecting takeover offer” on August 11, 2016. Also Marketwatch.com published the news titled: “ITV withdraws offer to buy Entertainment One” on August 25, 2016. Bloomberg.com‘s news article titled: “Entertainment One Gains as KKR Weighs Bid to Top ITV’s Proposal” with publication date: August 15, 2016 was also an interesting one.
Entertainment One Ltd. is an independent entertainment company. The company has a market cap of 950.79 million GBP. The Firm is focused on the acquisition, production and distribution of television, family, film and music content rights across all media across the world. It has a 40.15 P/E ratio. The Company’s divisions include Television, Family and Film.
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