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

Corus Entertainment Inc. (TSE:CJR.B) has been given an average recommendation of “Strong Sell” by the six analysts that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company. The average 1 year price target 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 target price on Corus Entertainment from C$0.30 to C$0.20 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd.

Corus Entertainment Stock Performance

TSE CJR.B opened at C$0.12 on Friday. The firm’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.22. The firm has a market capitalization of C$22.55 million, a price-to-earnings ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 254.56. Corus Entertainment has a 1 year low of C$0.10 and a 1 year high of C$1.06.

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.