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

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

Separately, Royal Bank of Canada dropped 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 note on Wednesday, October 23rd.

Corus Entertainment Price Performance

Shares of CJR.B stock opened at C$0.10 on Wednesday. The firm has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.13. The company has a market capitalization of C$19.61 million, a PE ratio of -0.03, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07. Corus Entertainment has a twelve month low of C$0.08 and a twelve month high of C$1.06. The company has a current ratio of 0.69, a quick ratio of 0.70 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.