Analysts Set Corus Entertainment Inc. (TSE:CJR.B) Price Target at C$0.30

Shares of Corus Entertainment Inc. (TSE:CJR.B) have been assigned an average recommendation of “Strong Sell” from the six ratings firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$0.30.

Separately, Royal Bank of Canada cut their price target on Corus Entertainment from C$0.30 to C$0.20 and set a “sector perform” rating for the company in a report on Wednesday, October 23rd.

Corus Entertainment Stock Performance

Shares of CJR.B opened at C$0.10 on Wednesday. Corus Entertainment has a 52-week low of C$0.08 and a 52-week high of C$1.06. The firm has a market capitalization of C$19.61 million, a PE ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. The firm has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.13. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 254.56.

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.