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

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 reports. Four equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada dropped their target price on shares of 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 Stock Up 12.5 %

Corus Entertainment stock opened at C$0.09 on Friday. The firm has a market capitalization of C$17.65 million, a price-to-earnings ratio of -0.03, a price-to-earnings-growth ratio of -0.61 and a beta of 2.07. 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 fifty-two week low of C$0.08 and a fifty-two week high of C$1.06. The stock’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.13.

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.