Analysts’ Weekly Ratings Changes for Corus Entertainment (CJR.B)

Corus Entertainment (TSE: CJR.B) has recently received a number of price target changes and ratings updates:

• 4/15/2024 – Corus Entertainment was downgraded by analysts at National Bankshares, Inc. from an “outperform” rating to an “underperform” rating. They now have a C$0.40 price target on the stock, down previously from C$1.30.
• 4/15/2024 – Corus Entertainment had its price target lowered by analysts at Royal Bank of Canada from C$1.50 to C$1.25. They now have a “sector perform” rating on the stock.
• 4/15/2024 – Corus Entertainment had its price target lowered by analysts at Scotiabank from C$1.10 to C$0.90. They now have a “sector perform” rating on the stock.
• 4/15/2024 – Corus Entertainment had its price target lowered by analysts at CIBC from C$1.15 to C$0.85. They now have a “neutral” rating on the stock.
• 4/15/2024 – Corus Entertainment was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating. They now have a C$0.70 price target on the stock, down previously from C$2.50.
• 4/15/2024 – Corus Entertainment had its price target lowered by analysts at Cormark from C$1.00 to C$0.60.

Corus Entertainment Price Performance

TSE:CJR.B traded down C$0.02 on Wednesday, reaching C$0.53. 164,662 shares of the company’s stock traded hands, compared to its average volume of 382,514. The company has a quick ratio of 0.70, a current ratio of 0.68 and a debt-to-equity ratio of 250.25. The stock has a 50-day simple moving average of C$0.70 and a 200-day simple moving average of C$0.74. The firm has a market cap of C$103.92 million, a PE ratio of -0.25, a P/E/G ratio of -0.61 and a beta of 2.03. Corus Entertainment Inc. has a 12 month low of C$0.50 and a 12 month high of C$1.69.

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.