** TV distributor Entertainment One down 2.5 pct inhefty volumes, adding to massive losses from day earlier, amongtop FTSE midcap losers & top loser on FTSE-350 mediastocks
** JP Morgan cuts TP to 360p pct from 382p vs analysts'median of 401p, as it cuts its estimates as negative forexmovement takes its toll
** Analysts still broadly positive on stock with 6 of 8brokerages rating the stock "buy" or higher, vs 2 that rate it"hold", "sell" or lower
** JP Morgan cuts 2016E & 2017E EPS estimates by 6.2 pct &2.5 pct respectively
** Co's management on Wednesday flagged continued pressureon reported rev from appreciation of pound sterling vs CanadianDollar and Euro
** Strong pound hurting topline a continued theme amongBritish cos for now more than 1 yr
** About 1.4 times 30-day daily avg volume traded through infirst 1.5 hrs
** Stock underperformed midcap index massively, down almosttwice as much as index on YTD basis (RM: esha.vaish.thomsonreuters.com@reuters.net)
