Corus Entertainment (TSE:CJR.B) Price Target Cut to C$0.35 by Analysts at TD Securities

Corus Entertainment (TSE:CJR.BFree Report) had its target price trimmed by TD Securities from C$0.70 to C$0.35 in a research report report published on Wednesday morning, BayStreet.CA reports. The firm currently has a hold rating on the stock.

A number of other equities analysts have also recently weighed in on CJR.B. Scotiabank cut Corus Entertainment from a sector perform rating to an underperform rating and reduced their price target for the stock from C$0.90 to C$0.37 in a report on Monday, June 10th. CIBC reduced their price target on Corus Entertainment from C$1.15 to C$0.85 and set a neutral rating for the company in a report on Monday, April 15th. National Bankshares reduced their price target on Corus Entertainment from C$0.40 to C$0.25 and set an underperform rating for the company in a report on Tuesday. Royal Bank of Canada reduced their target price on Corus Entertainment from C$1.25 to C$0.50 and set a sector perform rating for the company in a report on Tuesday. Finally, Cormark reduced their target price on Corus Entertainment from C$1.00 to C$0.60 in a report on Monday, April 15th. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of Hold and a consensus price target of C$0.67.

Check Out Our Latest Stock Analysis on CJR.B

Corus Entertainment Stock Performance

TSE CJR.B opened at C$0.20 on Wednesday. The stock has a market capitalization of C$38.24 million, a price-to-earnings ratio of -0.09, a PEG ratio of -0.61 and a beta of 2.08. Corus Entertainment has a twelve month low of C$0.17 and a twelve month high of C$1.69. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56. The stock has a 50-day moving average of C$0.50 and a 200 day moving average of C$0.67.

Corus Entertainment Company Profile

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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.

Further Reading

Analyst Recommendations for Corus Entertainment (TSE:CJR.B)

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