Corus Entertainment Inc. (TSE:CJR.B) Given Average Rating of “Strong Sell” by Brokerages

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

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

Corus Entertainment Price Performance

Shares of TSE CJR.B opened at C$0.10 on Wednesday. The stock has a market capitalization of C$19.61 million, a price-to-earnings ratio of -0.03, a PEG ratio of -0.61 and a beta of 2.07. Corus Entertainment has a fifty-two week low of C$0.08 and a fifty-two week high of C$1.03. The business has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.12. The company has a debt-to-equity ratio of 254.56, a current ratio of 0.69 and a quick ratio of 0.70.

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.