Corus Entertainment (TSE:CJR.B) Price Target Raised to C$8.00

Corus Entertainment (TSE:CJR.B) had its price objective raised by CIBC from C$7.50 to C$8.00 in a research report sent to investors on Friday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts also recently weighed in on CJR.B. Scotiabank lowered their target price on shares of Corus Entertainment from C$10.00 to C$8.70 and set an outperform rating on the stock in a report on Tuesday, December 21st. boosted their price objective on shares of Corus Entertainment from C$7.50 to C$8.50 in a report on Monday, October 25th. Cormark boosted their price objective on shares of Corus Entertainment from C$7.40 to C$8.00 in a report on Monday, October 25th. Finally, TD Securities boosted their price objective on shares of Corus Entertainment from C$9.50 to C$10.00 and gave the stock an action list buy rating in a report on Monday, October 25th. Five analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of Buy and a consensus target price of C$7.94.

Shares of TSE:CJR.B opened at C$5.30 on Friday. The company has a market cap of C$1.10 billion and a price-to-earnings ratio of 6.40. The firm’s 50-day simple moving average is C$4.98 and its 200-day simple moving average is C$5.57. The company has a quick ratio of 0.68, a current ratio of 0.72 and a debt-to-equity ratio of 123.09. Corus Entertainment has a fifty-two week low of C$4.34 and a fifty-two week high of C$6.54.

About Corus Entertainment

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.

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Analyst Recommendations for Corus Entertainment (TSE:CJR.B)

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