Corus Entertainment Inc. (TSE:CJR.B) Given Consensus Recommendation of “Strong Sell” by Analysts

Shares of Corus Entertainment Inc. (TSE:CJR.B) have earned an average rating of “Strong Sell” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada decreased their price objective on shares of Corus Entertainment from C$0.30 to C$0.20 and set a “sector perform” rating for the company in a research report on Wednesday, October 23rd.

Corus Entertainment Stock Down 4.5 %

Shares of Corus Entertainment stock opened at C$0.11 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 254.56. The company has a market cap of C$20.59 million, a P/E ratio of -0.03, a PEG ratio of -0.61 and a beta of 2.07. The firm’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.17. Corus Entertainment has a 52-week low of C$0.10 and a 52-week high of C$1.06.

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.