Corus Entertainment Inc. (TSE:CJR.B) Receives C$1.42 Consensus Price Target from Analysts

Corus Entertainment Inc. (TSE:CJR.B - Get Free Report) has earned an average rating of "Hold" from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given 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$1.42.

A number of equities research analysts have commented on CJR.B shares. National Bankshares raised shares of Corus Entertainment from a "sector perform" rating to an "outperform" rating and set a C$1.30 price objective on the stock in a research report on Friday, December 15th. TD Securities reduced their price objective on shares of Corus Entertainment from C$4.50 to C$2.50 and set a "speculative buy" rating for the company in a research report on Tuesday, January 16th. Cormark increased their target price on shares of Corus Entertainment from C$0.85 to C$1.00 in a research report on Monday, January 15th. CIBC boosted their price target on shares of Corus Entertainment from C$1.00 to C$1.15 and gave the company a "neutral" rating in a research report on Monday, January 15th. Finally, Canaccord Genuity Group boosted their target price on Corus Entertainment from C$0.50 to C$0.65 and gave the company a "sell" rating in a report on Monday, January 15th.

Corus Entertainment Stock Up 1.4 %

Shares of TSE CJR.B traded up C$0.01 during midday trading on Thursday, hitting C$0.73. The company's stock had a trading volume of 199,876 shares, compared to its average volume of 352,866. Corus Entertainment has a 1 year low of C$0.50 and a 1 year high of C$1.76. The business's fifty day simple moving average is C$0.81 and its two-hundred day simple moving average is C$0.80. The firm has a market capitalization of C$143.14 million, a price-to-earnings ratio of -0.33, a price-to-earnings-growth ratio of -0.61 and a beta of 2.08. The company has a debt-to-equity ratio of 250.25, a current ratio of 0.68 and a quick ratio of 0.70.

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.