Desjardins Downgrades Corus Entertainment (CJR) to Hold
Desjardins cut shares of Corus Entertainment (TSE:CJR) from a buy rating to a hold rating in a research report released on Wednesday. Desjardins also issued estimates for Corus Entertainment’s FY2018 earnings at $1.02 EPS.
Separately, National Bank Financial upgraded Corus Entertainment from a sector perform market weight rating to an outperform market weight rating in a report on Wednesday, October 18th.
Corus Entertainment (TSE CJR) traded up C$0.01 during mid-day trading on Wednesday, hitting C$9.08. The company had a trading volume of 3,730,000 shares, compared to its average volume of 509,522. The company has a market capitalization of $1,850.00, a P/E ratio of 9.46 and a beta of 0.26. Corus Entertainment has a 12-month low of C$8.73 and a 12-month high of C$14.10.
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.
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