Corus Entertainment Inc. (CJR.B) Given Consensus Rating of “Hold” by Analysts

Corus Entertainment Inc. (TSE:CJR.B) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is C$6.03.

Several equities research analysts have recently commented on the stock. National Bank Financial upped their price target on shares of Corus Entertainment from C$4.75 to C$5.50 and gave the company a “sector perform” rating in a research report on Monday, October 22nd. CIBC reduced their price target on shares of Corus Entertainment from C$8.00 to C$7.00 in a research report on Wednesday, October 3rd. Finally, TD Securities raised shares of Corus Entertainment from a “hold” rating to a “buy” rating and set a C$6.50 price target for the company in a research report on Tuesday, September 4th.

TSE:CJR.B traded down C$0.27 during mid-day trading on Monday, reaching C$4.59. The company’s stock had a trading volume of 758,222 shares, compared to its average volume of 642,951. Corus Entertainment has a 12-month low of C$6.93 and a 12-month high of C$14.10.

About Corus Entertainment

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

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