Starz Entertainment Corp. (NASDAQ:STRZ) Receives Consensus Recommendation of “Hold” from Analysts

Starz Entertainment Corp. (NASDAQ:STRZ) has earned an average rating of “Hold” from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $20.00.

STRZ has been the subject of several research analyst reports. Weiss Ratings reissued a “sell (e)” rating on shares of Starz Entertainment in a research note on Monday, December 29th. JPMorgan Chase & Co. decreased their price target on shares of Starz Entertainment from $16.00 to $13.00 and set a “neutral” rating on the stock in a report on Monday, November 17th. Morgan Stanley dropped their price objective on shares of Starz Entertainment from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Friday, November 14th. Finally, Wall Street Zen lowered shares of Starz Entertainment from a “hold” rating to a “sell” rating in a research report on Sunday, December 21st.

Starz Entertainment Price Performance

Starz Entertainment stock opened at $9.23 on Thursday. Starz Entertainment has a 52 week low of $8.00 and a 52 week high of $22.98. The stock has a fifty day moving average of $10.67 and a 200-day moving average of $11.83.

Institutional Trading of Starz Entertainment

Hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in shares of Starz Entertainment in the second quarter valued at approximately $28,000. CWM LLC bought a new stake in Starz Entertainment during the 2nd quarter worth approximately $33,000. Advisory Services Network LLC acquired a new position in Starz Entertainment in the 3rd quarter valued at approximately $36,000. BNP Paribas Financial Markets raised its stake in shares of Starz Entertainment by 101.8% during the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock valued at $37,000 after acquiring an additional 1,274 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in shares of Starz Entertainment during the second quarter valued at $41,000.

Starz Entertainment Company Profile

Starz Entertainment (NASDAQ: STRZ) is a global media and entertainment company that operates premium subscription video services across linear television and digital streaming platforms. The company’s core offering includes the STARZ and STARZ ENCORE linear networks in the United States, alongside its STARZPLAY streaming service, which is available in North America, parts of Europe, Latin America and select Asian markets. Through its multi-platform distribution strategy, Starz delivers a combination of original programming, feature films and licensed series to a broad subscriber base.

At the heart of Starz Entertainment’s business is its investment in original content production.