Corus Entertainment Inc. (TSE:CJR.B) Given Average Recommendation of “Hold” by Brokerages

Corus Entertainment Inc. (TSE:CJR.BGet Free Report) has earned an average rating of “Hold” from the six research firms that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$2.46.

CJR.B has been the topic of a number of recent analyst reports. CIBC increased their target price on Corus Entertainment from C$1.75 to C$2.00 in a research report on Friday, July 14th. Cormark raised their price objective on Corus Entertainment from C$1.40 to C$1.80 in a research report on Friday, July 14th. Scotiabank decreased their price objective on Corus Entertainment from C$2.30 to C$1.90 in a research note on Friday, June 30th. TD Securities lifted their price target on Corus Entertainment from C$3.75 to C$5.00 and gave the stock a “buy” rating in a research report on Friday, July 14th. Finally, National Bankshares dropped their price objective on Corus Entertainment from C$2.25 to C$2.00 and set a “sector perform” rating on the stock in a report on Friday, June 9th.

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Corus Entertainment Stock Performance

CJR.B opened at C$1.33 on Tuesday. Corus Entertainment has a 52-week low of C$1.15 and a 52-week high of C$3.80. The company has a quick ratio of 0.70, a current ratio of 0.67 and a debt-to-equity ratio of 341.22. The company has a market cap of C$260.77 million, a P/E ratio of -0.32, a price-to-earnings-growth ratio of -0.61 and a beta of 1.81. The firm’s 50-day moving average price is C$1.37 and its 200-day moving average price is C$1.50.

Corus Entertainment Company Profile

(Get Free Report

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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Analyst Recommendations for Corus Entertainment (TSE:CJR.B)

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