Brokerages Set Corus Entertainment Inc. (TSE:CJR.B) PT at C$2.46

Corus Entertainment Inc. (TSE:CJR.B – Get Rating) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$2.46.

CJR.B has been the topic of several research reports. TD Securities dropped their price target on shares of Corus Entertainment from C$4.75 to C$4.50 and set a “buy” rating on the stock in a research report on Tuesday, March 7th. National Bankshares dropped their price target on Corus Entertainment from C$2.50 to C$2.25 and set a “sector perform” rating on the stock in a research report on Thursday, April 13th. CIBC lowered their price target on shares of Corus Entertainment from C$2.50 to C$2.25 in a report on Friday, April 14th. Cormark cut their price target on shares of Corus Entertainment from C$2.10 to C$1.80 in a report on Friday, April 14th. Finally, BMO Capital Markets dropped their target price on shares of Corus Entertainment from C$2.50 to C$1.75 in a research note on Friday, April 14th.

Corus Entertainment Stock Down 0.8 %

CJR.B stock opened at C$1.31 on Friday. The company has a debt-to-equity ratio of 138.79, a current ratio of 0.65 and a quick ratio of 0.70. The firm has a market capitalization of C$256.85 million, a PE ratio of -0.86, a P/E/G ratio of -0.61 and a beta of 1.74. Corus Entertainment has a 12 month low of C$1.24 and a 12 month high of C$4.55. The company’s 50 day simple moving average is C$1.49 and its 200-day simple moving average is C$1.90.

About Corus Entertainment

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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.