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

Corus Entertainment Inc. (TSE:CJR.B) has received an average rating of “Strong Sell” from the six brokerages that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada reduced their price objective 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 Stock Down 4.5 %

Shares of Corus Entertainment stock opened at C$0.11 on Tuesday. The company has a debt-to-equity ratio of 254.56, a current ratio of 0.69 and a quick ratio of 0.70. The company has a 50-day moving average of C$0.13 and a 200 day moving average of C$0.18. The firm has a market cap of C$20.59 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 1 year low of C$0.10 and a 1 year high of C$1.06.

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.