Corus Entertainment (TSE:CJR.B – Get Rating) had its price target reduced by CIBC from C$2.50 to C$2.25 in a report released on Friday, BayStreet.CA reports.
Several other analysts have also commented on the company. Canaccord Genuity Group cut their price objective on Corus Entertainment from C$2.00 to C$1.80 in a report on Tuesday, March 7th. Royal Bank of Canada lowered their target price on Corus Entertainment from C$3.50 to C$3.00 in a research report on Monday, January 16th. Scotiabank lowered their target price on Corus Entertainment from C$2.75 to C$2.30 in a research report on Friday. TD Securities lowered their target price on Corus Entertainment from C$4.75 to C$4.50 and set a buy rating on the stock in a research report on Tuesday, March 7th. Finally, Cormark lowered their target price on Corus Entertainment from C$2.30 to C$2.10 in a research report on Monday, January 16th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Corus Entertainment has a consensus rating of Hold and a consensus target price of C$2.46.
Corus Entertainment Stock Performance
Shares of CJR.B opened at C$1.43 on Friday. The company has a debt-to-equity ratio of 155.07, a current ratio of 0.71 and a quick ratio of 0.70. Corus Entertainment has a one year low of C$1.40 and a one year high of C$4.66. The firm has a market capitalization of C$280.38 million, a P/E ratio of -1.02, a PEG ratio of -0.61 and a beta of 1.79. The business has a fifty day moving average of C$1.83 and a 200 day moving average of C$2.08.
About Corus Entertainment
Corus Entertainment Inc, a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates through two segments, Television and Radio. The Television segment operates 44 specialty television networks and 15 conventional television stations.
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