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

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

Separately, BMO Capital Markets reaffirmed a “hold” rating and issued a $6.50 price target on shares of Corus Entertainment in a report on Monday, September 9th.

Shares of OTCMKTS CJREF traded down $0.32 on Monday, hitting $3.73. The company’s stock had a trading volume of 344,506 shares, compared to its average volume of 24,166. Corus Entertainment has a 12-month low of $2.99 and a 12-month high of $6.00. The company has a market capitalization of $941.11 million, a price-to-earnings ratio of 6.73 and a beta of 0.55. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a 50 day moving average of $4.07 and a 200-day moving average of $4.57.

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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