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

Corus Entertainment Inc. (TSE:CJR.B) has been assigned a consensus rating of “Strong Sell” from the six analysts that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$0.30.

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

Corus Entertainment Stock Performance

Shares of CJR.B opened at C$0.10 on Wednesday. Corus Entertainment has a 1-year low of C$0.08 and a 1-year high of C$1.06. The business’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.13. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56. The stock has a market capitalization of C$19.61 million, a P/E ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07.

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.