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

Shares of Corus Entertainment Inc. (TSE:CJR.B) have been given an average recommendation of “Strong Sell” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell rating and two have issued a hold rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$0.30.

Separately, Royal Bank of Canada lowered their target price on shares of Corus Entertainment from C$0.30 to C$0.20 and set a “sector perform” rating on the stock in a research report on Wednesday, October 23rd.

Corus Entertainment Stock Down 12.5 %

TSE:CJR.B opened at C$0.11 on Tuesday. Corus Entertainment has a 1-year low of C$0.10 and a 1-year high of C$1.06. The firm has a market capitalization of C$20.59 million, a price-to-earnings ratio of -0.03, a PEG 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. The business’s fifty day moving average price is C$0.14 and its 200 day moving average price is C$0.19.

About Corus Entertainment

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.