November 23, 2016 - By Hazel Jackson
Entertainment One Group (LON:ETO) had its stock rating noted as Overweight by analysts at JP Morgan Cazenove. JP Morgan Cazenove currently has a GBX 246.00 target price on the 937.27M GBP market cap company or 12.35% upside potential. This was disclosed in a research note on 23 November.
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. GBX 368 is the highest target while GBX 151 is the lowest. The GBX 223.38 average target is 2.33% above today’s (GBX 218.3) stock price. Entertainment One Group has been the topic of 56 analyst reports since September 9, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Friday, September 30 by Canaccord Genuity. The stock has “Sell” rating given by N+1 Singer on Friday, September 30. The rating was maintained by Investec on Monday, October 5 with “Buy”. JP Morgan maintained the stock with “Overweight” rating in Friday, December 18 report. On Thursday, March 3 the stock rating was maintained by JP Morgan with “Overweight”. JP Morgan maintained the shares of ETO in a report on Monday, October 3 with “Overweight” rating. The stock of Entertainment One Ltd (LON:ETO) earned “Add” rating by Peel Hunt on Friday, March 11. The stock of Entertainment One Ltd (LON:ETO) has “Overweight” rating given on Thursday, September 17 by JP Morgan. The stock has “Add” rating given by Numis Securities on Wednesday, September 30. The rating was maintained by Canaccord Genuity on Wednesday, May 25 with “Buy”.
About 623,153 shares traded hands. Entertainment One Ltd (LON:ETO) has risen 15.32% since April 25, 2016 and is uptrending. It has outperformed by 9.99% the S&P500.
Insitutional Activity: The institutional sentiment increased to 2.43 in 2016 Q2. Its up 1.07, from 1.36 in 2016Q1. The ratio improved, as 5 funds sold all Entertainment One Ltd shares owned while 6 reduced positions. 5 funds bought stakes while 10 increased positions. They now own 1.22 million shares or 18.95% less from 1.50 million shares in 2016Q1.
Ladenburg Thalmann Svcs Inc has invested 0% of its portfolio in Entertainment One Ltd (LON:ETO). Asset Mngmt accumulated 0.05% or 144,620 shares. The Illinois-based North Star Management Corporation has invested 0% in Entertainment One Ltd (LON:ETO). Hollencrest Limited Liability has 31,002 shares for 0.1% of their US portfolio. Moreover, Raymond James Services Advisors Inc has 0.01% invested in Entertainment One Ltd (LON:ETO) for 49,275 shares. Cohen And Steers Inc reported 163,058 shares or 0.01% of all its holdings. Tortoise Investment Mngmt Ltd Liability Corp has invested 0% of its portfolio in Entertainment One Ltd (LON:ETO). Guggenheim Capital Lc holds 168,835 shares or 0.01% of its portfolio. Wells Fargo Mn accumulated 98,478 shares or 0% of the stock. Morgan Stanley reported 103,012 shares or 0% of all its holdings. James Inv Inc accumulated 2,800 shares or 0% of the stock. Moreover, Fincl Bank Of America Corporation De has 0% invested in Entertainment One Ltd (LON:ETO) for 109,484 shares. Creative Planning accumulated 0% or 100 shares. First Advisors Ltd Partnership holds 0.01% of its portfolio in Entertainment One Ltd (LON:ETO) for 85,014 shares. Focused Wealth Mngmt owns 520 shares or 0.01% of their US portfolio.
Entertainment One Ltd. is an independent entertainment company. The company has a market cap of 937.27 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 23.1 P/E ratio. The Company’s divisions include Television, Family and Film.
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to provide a high level of after-tax total return. The Fund pursues its objective by investing primarily in dividend-paying common and preferred stocks.
More important 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 article titled: “ITV withdraws offer to buy Entertainment One”, Bloomberg.com published: “Entertainment One Gains as KKR Weighs Bid to Top ITV’s Proposal” on August 15, 2016. More interesting news about Entertainment One Ltd (LON:ETO) was released by: Bloomberg.com and their article: “Entertainment One CEO Says No Sales Process After ITV” with publication date: September 09, 2016.
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