Corus Entertainment (TSE:CJR.B) Given New C$6.50 Price Target at National Bank Financial


Share on StockTwits

Corus Entertainment (TSE:CJR.B) had its price target upped by National Bank Financial from C$5.00 to C$6.50 in a research note released on Wednesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research analysts have also recently issued reports on CJR.B. TD Securities increased their price target on Corus Entertainment from C$7.00 to C$7.50 and gave the stock an action list buy rating in a research note on Friday, October 23rd. BMO Capital Markets raised their target price on Corus Entertainment from C$3.00 to C$4.00 in a research note on Friday, October 23rd. Scotiabank raised their target price on Corus Entertainment from C$5.00 to C$6.00 in a research note on Friday, January 8th. Royal Bank of Canada raised Corus Entertainment from a sector perform rating to an outperform rating and raised their target price for the company from C$4.00 to C$5.00 in a research note on Friday, October 23rd. Finally, CIBC raised their target price on Corus Entertainment from C$4.50 to C$5.50 in a research note on Friday, October 23rd.

TSE:CJR.B opened at C$4.83 on Wednesday. Corus Entertainment has a 1 year low of C$0.00 and a 1 year high of C$5.70. The stock has a market cap of C$1.01 billion and a price-to-earnings ratio of -1.61. The business has a fifty day moving average of C$4.31 and a 200-day moving average of C$3.39. The company has a debt-to-equity ratio of 131.81, a quick ratio of 0.64 and a current ratio of 0.68.

About Corus Entertainment

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.

Featured Story: Dividend Achievers

Receive News & Ratings for Corus Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corus Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.