Analysts rated Corus Entertainment Inc. (TSE:CJR.B) an average rating of “Hold”.

According to, the eight analysts who monitor Corus Entertainment Inc. they gave the company’s stock a “Hold” recommendation on average. The stock trades under the symbol “TSE: CJRB” Six equities research analysts have urged investors to hold their current positions, while one analyst has recommended investors buy the stock. The average next 12-month price objective set by the analysts covering the stock that have recently updated their coverage is C$3.94.

Several different research analysts have written recent studies on CJR.B.. BMO Capital Markets had their price objective on Corus Entertainment dropped from $5.00 to $4.50 in a note research note published on Monday, September 12. Royal Bank of Canada reduced their price target on Corus Entertainment from $4.00 to $3.50 and gave the company a “sector perform” rating in a research report on Monday, October 24th. In a research report published on September 12th, Canaccord Genuity Group announced that it reduced its price estimate for Corus Entertainment from $5.25 to $4.25 per share. Corus Entertainment was downgraded by TD Securities from a “list-buy” rating to a “buy” rating in a research report on Tuesday, September 13th. Additionally, TD Securities decreased their target price for the stock from $6.50 to $5.00. Cormark reduced their target price on shares of Corus Entertainment from $5.30 to $3.75 and gave the company a “market perform” rating in a research note on Monday, September 12th.
On Friday, the opening price for CJR.B. it was $2.35. The company’s moving average over the past 50 days is $2.28, and its moving average over the past 200 days is $3.29. A one year low for Corus Entertainment is C$1.93, while a one year high for the company is C$5.42. It has a debt-to-equity ratio of 154.43, a current ratio of 0.73, a quick ratio of 0.70, and a current ratio of 0.73. The company has a price-to-earnings ratio of 3.41 and a market value of C$461.76 million.
Corus Entertainment Inc. is a media and content company that owns and operates standard and specialty television networks, in addition to radio stations in Canada and around the world. Its headquarters are located in Toronto, Ontario. Radio and television each form a distinct division. The television division is responsible for owning and operating 44 specialty television networks and 15 mainstream television stations.

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