Corus Entertainment (TSE:CJR.B – Get Free Report) had its price objective cut by equities research analysts at Scotiabank from C$0.37 to C$0.05 in a research note issued to investors on Tuesday, BayStreet.CA reports. The brokerage presently has an “underperform” rating on the stock. Scotiabank’s price target would indicate a potential downside of 56.52% from the stock’s current price.
CJR.B has been the subject of a number of other reports. Cormark reduced their price objective on shares of Corus Entertainment from C$1.00 to C$0.60 in a research note on Monday, April 15th. CIBC reduced their price target on shares of Corus Entertainment from C$1.15 to C$0.85 and set a “neutral” rating for the company in a research report on Monday, April 15th. TD Securities reduced their price target on shares of Corus Entertainment from C$0.70 to C$0.35 and set a “hold” rating for the company in a research report on Wednesday, June 12th. Royal Bank of Canada reduced their price target on shares of Corus Entertainment from C$0.50 to C$0.30 and set a “sector perform” rating for the company in a research report on Tuesday. Finally, National Bankshares reduced their price target on shares of Corus Entertainment from C$0.40 to C$0.25 and set an “underperform” rating for the company in a research report on Tuesday, June 11th. Four analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of C$0.31.
Read Our Latest Stock Report on Corus Entertainment
Corus Entertainment Stock Performance
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.
Featured Articles
- Five stocks we like better than Corus Entertainment
- What Is WallStreetBets and What Stocks Are They Targeting?
- Tech Leader’s Stock Split: Is It the Right Time to Buy?
- What Does a Stock Split Mean?
- Could the Economy be Bottoming? Major Bank’s Earnings Say Yes
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Seize This Prime Stock Opportunity on Amazon Prime Days
Receive News & Ratings for Corus Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corus Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.