Corus Entertainment Inc. (TSE:CJR.B) Receives Consensus Rating of “Hold” from Brokerages

Shares of Corus Entertainment Inc. (TSE:CJR.B – Get Rating) have been given an average recommendation of “Moderate Buy” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$2.46.

Several equities research analysts have issued reports on CJR.B shares. National Bankshares lowered their price objective on shares of Corus Entertainment from C$2.50 to C$2.25 and set a “sector perform” rating for the company in a research report on Thursday, April 13th. BMO Capital Markets reduced their price objective on shares of Corus Entertainment from C$2.50 to C$1.75 in a research note on Friday, April 14th. Canaccord Genuity Group reduced their price objective on shares of Corus Entertainment from C$2.00 to C$1.80 in a research note on Tuesday, March 7th. Scotiabank reduced their price objective on shares of Corus Entertainment from C$2.75 to C$2.30 in a research note on Friday, April 14th. Finally, TD Securities reduced their price objective on shares of Corus Entertainment from C$4.75 to C$4.50 and set a “buy” rating for the company in a research note on Tuesday, March 7th.

Corus Entertainment Stock Performance

Corus Entertainment stock opened at C$1.39 on Friday. The company’s 50-day moving average price is C$1.51 and its 200-day moving average price is C$1.92. Corus Entertainment has a twelve month low of C$1.24 and a twelve month high of C$4.55. The company has a quick ratio of 0.70, a current ratio of 0.65 and a debt-to-equity ratio of 138.79. The company has a market cap of C$272.54 million, a PE ratio of -0.90, a price-to-earnings-growth ratio of -0.61 and a beta of 1.74.

Corus Entertainment Company Profile

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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.