Corus Entertainment (OTCMKTS:CJREF) Rating Lowered to Strong Sell at ValuEngine

Corus Entertainment (OTCMKTS:CJREF) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Tuesday, ValuEngine reports.

Several other brokerages have also recently issued reports on CJREF. Royal Bank of Canada set a $7.00 target price on Corus Entertainment and gave the company a “hold” rating in a research report on Monday, October 21st. BMO Capital Markets set a $6.50 target price on Corus Entertainment and gave the company a “hold” rating in a research report on Monday, October 21st.

Shares of OTCMKTS:CJREF opened at $4.30 on Tuesday. The stock has a market cap of $886.48 million, a price-to-earnings ratio of 6.85 and a beta of 0.58. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.95. Corus Entertainment has a 12-month low of $2.99 and a 12-month high of $6.00. The business’s 50 day moving average is $4.02 and its 200 day moving average is $4.35.

Corus Entertainment (OTCMKTS:CJREF) last announced its earnings results on Friday, October 18th. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $285.40 million for the quarter. Corus Entertainment had a return on equity of 10.44% and a net margin of 9.27%.

Corus Entertainment Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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