Craig Hallum Trims Chicken Soup for the Soul Entertainment (NASDAQ:CSSE) Target Price to $14.00

Chicken Soup for the Soul Entertainment (NASDAQ:CSSEGet Rating) had its price objective lowered by research analysts at Craig Hallum from $22.00 to $14.00 in a research report issued to clients and investors on Tuesday, The Fly reports. Craig Hallum’s target price suggests a potential upside of 84.94% from the company’s current price.

A number of other equities analysts have also issued reports on the company. DA Davidson increased their price target on Chicken Soup for the Soul Entertainment from $40.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, August 12th. Needham & Company LLC decreased their price target on Chicken Soup for the Soul Entertainment from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.17.

Chicken Soup for the Soul Entertainment Stock Performance

Shares of NASDAQ CSSE opened at $7.57 on Tuesday. The stock has a fifty day moving average price of $7.04 and a two-hundred day moving average price of $7.94. The firm has a market cap of $113.92 million, a P/E ratio of -1.57 and a beta of 1.36. Chicken Soup for the Soul Entertainment has a 1 year low of $4.35 and a 1 year high of $16.47.

Institutional Investors Weigh In On Chicken Soup for the Soul Entertainment

Large investors have recently modified their holdings of the stock. Advisor Group Holdings Inc. boosted its stake in shares of Chicken Soup for the Soul Entertainment by 740.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 5,239 shares of the company’s stock worth $42,000 after acquiring an additional 4,616 shares in the last quarter. Quent Capital LLC bought a new stake in shares of Chicken Soup for the Soul Entertainment during the 1st quarter worth $54,000. Fulton Bank N.A. bought a new stake in shares of Chicken Soup for the Soul Entertainment during the 3rd quarter worth $87,000. Hilton Capital Management LLC bought a new stake in shares of Chicken Soup for the Soul Entertainment during the 2nd quarter worth $101,000. Finally, Jane Street Group LLC bought a new stake in shares of Chicken Soup for the Soul Entertainment during the 2nd quarter worth $110,000. 53.48% of the stock is owned by institutional investors.

Chicken Soup for the Soul Entertainment Company Profile

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Chicken Soup for the Soul Entertainment, Inc operates as a streaming video-on-demand (VOD) company in the United States and internationally. It owns and operates various ad-supported and subscription-based VOD networks, including Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix, and FrightPix.

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Analyst Recommendations for Chicken Soup for the Soul Entertainment (NASDAQ:CSSE)

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