Corus Entertainment (OTCMKTS:CJREF) Rating Increased to Sell at ValuEngine

Corus Entertainment (OTCMKTS:CJREF) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Monday, ValuEngine reports.

Separately, BMO Capital Markets reaffirmed a “hold” rating and issued a $6.50 price objective on shares of Corus Entertainment in a report on Monday, September 9th.

Shares of OTCMKTS:CJREF traded down $0.32 on Monday, reaching $3.73. 344,506 shares of the company’s stock were exchanged, compared to its average volume of 24,166. The firm has a market capitalization of $941.11 million, a price-to-earnings ratio of 6.73 and a beta of 0.55. Corus Entertainment has a fifty-two week low of $2.99 and a fifty-two week high of $6.00. The business’s 50-day moving average is $4.07 and its two-hundred day moving average is $4.57. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.98.

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.

Featured Story: How are capital gains distributions different for tax-deferred account?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Corus Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corus Entertainment and related companies with's FREE daily email newsletter.