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

Corus Entertainment Inc. (TSE:CJR.B) has been given an average rating of “Strong Sell” by the six analysts that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$0.30.

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

Corus Entertainment Stock Performance

Shares of CJR.B opened at C$0.09 on Friday. Corus Entertainment has a twelve month low of C$0.08 and a twelve month high of C$1.06. The firm has a market capitalization of C$16.67 million, a P/E ratio of -0.02, a price-to-earnings-growth 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 stock’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.14.

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.