Corus Entertainment (TSE:CJR.B) had its price target reduced by Royal Bank of Canada from C$10.00 to C$8.00 in a research report released on Wednesday morning. They currently have a sector perform rating on the stock.
CJR.B has been the topic of a number of other reports. Scotiabank decreased their price objective on Corus Entertainment from C$8.50 to C$8.00 and set a sector perform rating on the stock in a report on Tuesday. National Bank Financial downgraded Corus Entertainment from a sector perform rating to an underperform rating and decreased their price objective for the company from C$9.50 to C$5.50 in a report on Wednesday, March 28th. Barclays decreased their price objective on Corus Entertainment from C$11.00 to C$8.00 in a report on Thursday, January 11th. TD Securities downgraded Corus Entertainment from a buy rating to a hold rating and decreased their price objective for the company from C$16.00 to C$11.00 in a report on Thursday, January 11th. Finally, Desjardins downgraded Corus Entertainment from a buy rating to a hold rating and decreased their price objective for the company from C$15.00 to C$11.50 in a report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The company presently has an average rating of Hold and a consensus target price of C$8.06.
TSE CJR.B opened at C$7.19 on Wednesday. Corus Entertainment has a 1-year low of C$6.93 and a 1-year high of C$14.10.
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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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