Recent Investment Analysts’ Ratings Updates for Corus Entertainment (CJR.B)

A number of firms have modified their ratings and price targets on shares of Corus Entertainment (TSE: CJR.B) recently:

• 6/11/2024 – Corus Entertainment had its price target lowered by analysts at National Bankshares, Inc. from C$0.40 to C$0.25. They now have an “underperform” rating on the stock.
• 6/11/2024 – Corus Entertainment had its price target lowered by analysts at Royal Bank of Canada from C$1.25 to C$0.50. They now have a “sector perform” rating on the stock.
• 6/10/2024 – Corus Entertainment was downgraded by analysts at Scotiabank from a “sector perform” rating to an “underperform” rating. They now have a C$0.37 price target on the stock, down previously from C$0.90.
• 6/10/2024 – Corus Entertainment had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$0.65 to C$0.25. They now have a “sell” rating on the stock.
• 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

CJR.B traded down C$0.07 during trading on Tuesday, reaching C$0.28. The stock had a trading volume of 4,855,516 shares, compared to its average volume of 429,380. The business has a 50-day moving average of C$0.53 and a 200-day moving average of C$0.68. Corus Entertainment Inc. has a one year low of C$0.27 and a one year high of C$1.69. The company has a debt-to-equity ratio of 254.56, a quick ratio of 0.70 and a current ratio of 0.65. The stock has a market cap of C$53.92 million, a PE ratio of -0.13, a PEG ratio of -0.61 and a beta of 2.08.

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.