Corus Entertainment Inc. (TSE:CJR.B) Receives C$0.30 Consensus Price Target from Brokerages

Corus Entertainment Inc. (TSE:CJR.B) has been assigned a consensus recommendation of “Strong Sell” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada cut their target price 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 note on Wednesday, October 23rd.

Corus Entertainment Price Performance

Shares of CJR.B opened at C$0.10 on Wednesday. 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 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.12. The stock has a market cap of C$19.61 million, a price-to-earnings ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. Corus Entertainment has a 12 month low of C$0.08 and a 12 month high of C$1.03.

Corus Entertainment Company Profile

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.