Corus Entertainment Inc. (TSE:CJR.B) Given Average Recommendation of “Strong Sell” by Analysts

Corus Entertainment Inc. (TSE:CJR.B) has earned a consensus recommendation of “Strong Sell” from the six ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating and two have issued a hold rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$0.30.

Separately, Royal Bank of Canada lowered their price objective 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 Trading Down 4.8 %

Shares of CJR.B opened at C$0.10 on Wednesday. The firm’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.13. The company has a market capitalization of C$19.61 million, a P/E ratio of -0.03, a P/E/G ratio of -0.61 and a beta of 2.07. Corus Entertainment has a 1-year low of C$0.08 and a 1-year high of C$1.06. The company has a debt-to-equity ratio of 254.56, a current ratio of 0.69 and a quick ratio of 0.70.

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.