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News Breaks | | | | February 13, 2013 | | 07:19 EDT |  | LGF | Investors may give Lionsgate more favorable valuation, says RBC Capital
RBC Capital believes that the success of Lionsgate's Ender's Game movie and the potential of its Divergent film could cause investors down the road to value the company more as a multiple of EBITDA than as a sum of its parts. The firm increased its price target on the shares to $21 from $18 and maintains an Outperform rating. | |
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News For LGF From The Last 14 Days Check below for free stories on LGF the last two weeks. |
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| May 22, 2013 | | 05:55 EDT |  | LGF | Lionsgate achieves record sales of $250M at 2013 Cannes market
Lionsgate announced to its International distribution partners, the lineup of films for the 2013 Cannes Film Festival, achieving a company record of more than $250M in sales for nine titles that included Mockingjay 1 and 2, the third and fourth installments of the global blockbuster Hunger Games franchise, Step Up 5 and upcoming Lionsgate and Summit titles such as Draft Day, The Last Witch Hunter and Lionsgate UK's A Little Chaos. | |
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