Corus Entertainment Inc. (TSE:CJR.B) Receives Average Recommendation of “Strong Sell” from Analysts

Corus Entertainment Inc. (TSE:CJR.B) has earned an average rating of “Strong Sell” from the six ratings firms that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada cut their price objective on Corus Entertainment from C$0.30 to C$0.20 and set a “sector perform” rating for the company in a report on Wednesday, October 23rd.

Corus Entertainment Price Performance

Shares of TSE:CJR.B opened at C$0.11 on Friday. The company’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.13. The company has a market cap of C$20.59 million, a P/E ratio of -0.03, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07. Corus Entertainment has a 12-month low of C$0.08 and a 12-month high of C$1.06. 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.