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

Corus Entertainment Inc. (TSE:CJR.B) has been given an average recommendation of “Strong Sell” by the six brokerages that are covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating and two have given a hold rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada cut their price objective 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 stock opened at C$0.12 on Friday. The firm has a market cap of C$22.55 million, a PE ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. Corus Entertainment has a 12 month low of C$0.10 and a 12 month high of C$1.06. The company’s fifty day simple moving average is C$0.14 and its 200-day simple moving average is C$0.22. 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.