Entertainment One Limited (LON:ETO) Stock Upgrade
Professional analysts at the Peel Hunt Limited equity research division boosted shares of Entertainment One Limited (LON:ETO) to a Buy on Wednesday morning. Peel Hunt Limited currently has a target of GBX 200.00 on ETO or 21.88% more upside.
From a total of 8 analysts covering Entertainment One Group (LON:ETO) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 1 a ”Hold”. This means that 75% of the ratings are positive. The highest target price is GBX 325 while the lowest target price is GBX 185. The mean of all analyst targets is GBX 278.75 with a 67.94% above today’s (GBX 156.01) stock price. Entertainment One Group was the topic of 25 analyst reports since September 9, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 8 with “Buy” rating. Numis Securities maintained shares with “Add” rating and GBX 261 target share price in a report from a November 17. N+1 Singer maintained ETO stock in a recent report from December 7 with “Sell” rating. Finally, RBC Capital Markets maintained the stock with “Outperform” rating in a report issued on a November 18.
The stock increased 10.73% or GBX 15.11 on December 9, striking GBX 156.01. Approximately 4.23M shares of stock traded hands or 429.40% up from the average. Entertainment One Ltd (LON:ETO) has declined 55.83% since May 12, 2015 and is downtrending. It has underperformed by 55.03% the S&P500.
The overall sentiment of institutions has decreased to 0.47 in Q2 2015. Its down 0.09, from 0.56 in 2015Q2. The ratio turned negative, as 5 institutions have sold all the shares of Entertainment One Ltd that they owned while 10 funds have taken shares off the table. 1 funds have purchased shares for the first time while 6 added to their positions. These institutions now hold 1.22 million shares or 18.22% less than the 1.49 million shares they owned in 2015Q2.
The Fund Joel Isaacson & Co. Llc currently is holding shares equating to 0.5% of its total portfolio in Entertainment One Ltd representing a total of 89,415 shares. Another fund,Hollencrest Securities Llc, is holding a total of 50,507 shares equating to 0.18% of their holdings. Additionally, Advisors Asset Management Inc. has a 157,419 share stake in Entertainment One Ltd which represents 0.05% of their total portfolio. The Fund, Cohen & Steers Inc, based out of New York, has also built up a stake in the stock, which represents a total of 0.01% of their total portfolio. Finally First Trust Advisors Lp, a fund which is based in the state of Illinois reported a total holdings of 88,893 shares.
Entertainment One Limited is a Canada entertainment company. The company has a market cap of 834.61 million GBP. The Firm is focused on the acquisition, production and distribution of film, television, family and music content rights across various media throughout the world. It has 8.75 P/E ratio. The Firm operates in two divisions: Film and Television.