Corus Entertainment Inc. (CJR.B) Receives C$13.64 Average Price Target from Analysts

Shares of Corus Entertainment Inc. (TSE:CJR.B) have been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$13.64.

CJR.B has been the subject of several research reports. Scotiabank reduced their price target on shares of Corus Entertainment from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research report on Sunday, October 22nd. National Bank Financial raised shares of Corus Entertainment from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$12.50 to C$13.00 in a research report on Thursday, October 19th. CIBC reduced their price target on shares of Corus Entertainment from C$13.50 to C$13.00 in a research report on Thursday, October 19th. Royal Bank Of Canada reduced their target price on shares of Corus Entertainment from C$13.00 to C$12.00 and set a “sector perform” rating for the company in a report on Thursday, October 19th. Finally, BMO Capital Markets reduced their target price on shares of Corus Entertainment from C$13.50 to C$12.50 and set a “market perform” rating for the company in a report on Thursday, October 19th.

Shares of Corus Entertainment (CJR.B) traded up C$0.02 during trading on Monday, reaching C$11.54. 232,731 shares of the company were exchanged, compared to its average volume of 363,097. Corus Entertainment has a 52 week low of C$11.30 and a 52 week high of C$14.10.

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Corus Entertainment Company Profile

Corus Entertainment Inc is a media and content company. The Company creates and delivers quality brands and content across platforms for audiences around the world. The Company’s portfolio of multimedia offerings encompasses 45 specialty television services, 39 radio stations, 15 conventional television stations, a global content business, digital assets, live events, children’s book publishing, animation software, technology and media services.

Analyst Recommendations for Corus Entertainment (TSE:CJR.B)

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