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

Corus Entertainment Inc. (TSE:CJR.B) has received an average recommendation of “Strong Sell” from the six research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada lowered 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 research report on Wednesday, October 23rd.

Corus Entertainment Stock Performance

Shares of Corus Entertainment stock opened at C$0.08 on Friday. The business has a 50-day simple moving average of C$0.11 and a 200-day simple moving average of C$0.13. The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.70 and a current ratio of 0.69. Corus Entertainment has a one year low of C$0.08 and a one year high of C$1.06. The company has a market cap of C$15.69 million, a PE ratio of -0.02, a P/E/G ratio of -0.61 and a beta of 2.07.

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.