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

Corus Entertainment Inc. (TSE:CJR.B) has earned a consensus rating of “Strong Sell” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada reduced their price target 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 report on Wednesday, October 23rd.

Corus Entertainment Stock Down 5.9 %

Shares of TSE CJR.B opened at C$0.08 on Friday. The stock has a market capitalization of C$15.69 million, a price-to-earnings ratio of -0.02, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07. Corus Entertainment has a 52 week low of C$0.08 and a 52 week high of C$1.06. The firm has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.13. 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.