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Corus Entertainment (CJR.B) Stock Forecast & Price Target

C$0.12
+0.01 (+9.09%)
(As of 04:28 PM ET)

Corus Entertainment - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Corus Entertainment in the last 12 months, the stock has a consensus rating of "Sell." Out of the 6 analysts, 4 have given a sell rating, and 2 have given a hold rating for CJR.B.

Consensus Price Target

C$0.31
160.71% Upside
High ForecastC$0.85
Average ForecastC$0.31
Low ForecastC$0.05

According to the 6 analysts' twelve-month price targets for Corus Entertainment, the average price target is C$0.31. The highest price target for CJR.B is C$0.85, while the lowest price target for CJR.B is C$0.05. The average price target represents a forecasted upside of 160.71% from the current price of C$0.12.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Sell
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
4 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$0.31C$0.67C$0.94C$2.46
Forecasted Upside160.71% Upside47.54% Upside40.98% Upside41.63% Upside
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CJR.B Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CJR.B Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Corus Entertainment Stock vs. The Competition

TypeCorus EntertainmentConsumer Cyclical Companies
Consensus Rating Score
1.33
2.49
Consensus RatingSellHold
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024National Bankshares
1 of 5 stars
 Lower TargetUnderperformC$0.25 ➝ C$0.24+99.99%
7/16/2024TD Securities
4 of 5 stars
 DowngradeHold ➝ SellC$0.35 ➝ C$0.05-58.33%
7/16/2024Scotiabank
5 of 5 stars
 Lower TargetUnderperformC$0.37 ➝ C$0.05-58.33%
7/16/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector PerformC$0.50 ➝ C$0.30+149.99%
7/16/2024Canaccord Genuity Group
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 Lower TargetSellC$0.25 ➝ C$0.10-16.67%
4/15/2024Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$1.00 ➝ C$0.60+11.11%
4/15/2024CIBC
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 Lower TargetNeutralC$1.15 ➝ C$0.85+57.41%
7/14/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$1.75 ➝ C$2.15+35.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:58 PM ET.

CJR.B Forecast - Frequently Asked Questions

What is Corus Entertainment's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Corus Entertainment is C$0.31, with a high forecast of C$0.85 and a low forecast of C$0.05.

Should I buy or sell Corus Entertainment stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corus Entertainment in the last twelve months. There are currently 4 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" CJR.B shares.

Does Corus Entertainment's stock price have much upside?

According to analysts, Corus Entertainment's stock has a predicted upside of 44.22% based on their 12-month stock forecasts.

Has Corus Entertainment been downgraded by Wall Street analysts recently?

Over the previous 90 days, Corus Entertainment's stock had 2 downgrades by analysts.

What analysts cover Corus Entertainment?

Corus Entertainment has been rated by research analysts at Canaccord Genuity Group, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.

Do Wall Street analysts like Corus Entertainment more than its competitors?

Analysts like Corus Entertainment less than other "consumer cyclical" companies. The consensus rating for Corus Entertainment is Sell while the average consensus rating for "consumer cyclical" companies is Hold. Learn more on how CJR.B compares to other companies.


This page (TSE:CJR.B) was last updated on 7/22/2024 by MarketBeat.com Staff

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