Corus Entertainment - CJR.B Stock Forecast, Price & News

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. It is also involved in the production and distribution of films and television programs; production and distribution of animation software; and merchandise licensing and book publishing activities. In addition, this segment provides technology and media services. Its primary brands include Global Television, W Network, OWN: Oprah Winfrey Network Canada, HGTV Canada, Food Network Canada, History, Showcase, National Geographic, Disney Channel Canada, YTV, and Nickelodeon Canada. The Radio segment operates 39 radio stations that include a network of news-talk radio stations, as well as classic rock, country, new rock, and contemporary music formats. The company also provides children's animated content and related consumer products; and digital content and animation creation software. Corus Entertainment Inc. was founded in 1998 and is headquartered in Toronto, Canada.

Corus Entertainment Trading Down 0.5 %

CJR.B Stock opened at C$3.78 on Tuesday. Corus Entertainment has a 1-year low of C$3.41 and a 1-year high of C$6.34. The company has a debt-to-equity ratio of 108.32, a current ratio of 0.77 and a quick ratio of 0.74. The company has a market capitalization of C$767.34 million and a price-to-earnings ratio of 5.48. The business has a 50 day simple moving average of C$3.88 and a two-hundred day simple moving average of C$4.42.

Analyst Upgrades and Downgrades

CJR.B has been the topic of several research reports. BMO Capital Markets dropped their price objective on shares of Corus Entertainment from C$6.00 to C$5.00 in a report on Thursday, June 30th. Royal Bank of Canada lowered their price objective on shares of Corus Entertainment from C$8.00 to C$7.00 and set an "outperform" rating for the company in a research report on Tuesday, June 28th. CIBC cut their price target on shares of Corus Entertainment from C$8.00 to C$6.50 and set an "outperform" rating for the company in a research note on Thursday, June 30th. Cormark cut their target price on shares of Corus Entertainment from C$7.00 to C$5.30 and set a "buy" rating for the company in a research note on Thursday, June 30th. Finally, National Bankshares reduced their price target on shares of Corus Entertainment from C$6.25 to C$5.00 and set an "outperform" rating on the stock in a research note on Thursday, June 30th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of C$6.61.