Corus Entertainment (TSE:CJR.B – Free Report) had its target price lowered by Royal Bank of Canada from C$1.50 to C$1.25 in a research report sent to investors on Monday morning, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.
Other analysts also recently issued research reports about the stock. Scotiabank dropped their target price on shares of Corus Entertainment from C$1.10 to C$0.90 and set a sector perform rating for the company in a research report on Monday. CIBC decreased 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. TD Securities decreased their price target on Corus Entertainment from C$4.50 to C$2.50 and set a speculative buy rating for the company in a report on Tuesday, January 16th. Cormark decreased their price target on Corus Entertainment from C$1.00 to C$0.60 in a report on Monday. Finally, Canaccord Genuity Group upped their price target on Corus Entertainment from C$0.50 to C$0.65 and gave the stock a sell rating in a report on Monday, January 15th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Hold and an average target price of C$0.94.
Check Out Our Latest Report on CJR.B
Corus Entertainment Stock Down 10.2 %
CJR.B opened at C$0.53 on Monday. The firm has a 50 day moving average price of C$0.75 and a 200 day moving average price of C$0.76. The company has a market cap of C$103.92 million, a PE ratio of -0.25, a price-to-earnings-growth ratio of -0.61 and a beta of 2.03. Corus Entertainment has a 1 year low of C$0.50 and a 1 year high of C$1.69. The company has a debt-to-equity ratio of 250.25, a quick ratio of 0.70 and a current ratio of 0.68.
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.
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