National Bank Financial Cuts Corus Entertainment (CJR.B) Price Target to C$4.75

Corus Entertainment (TSE:CJR.B) had its price objective decreased by National Bank Financial from C$5.50 to C$4.75 in a report issued on Monday morning. National Bank Financial currently has a sector perform rating on the stock.

Other analysts have also recently issued reports about the company. Cormark reduced their price objective on Corus Entertainment from C$7.75 to C$5.25 in a research note on Thursday, June 28th. CIBC reduced their price objective on Corus Entertainment from C$8.50 to C$8.00 in a research note on Thursday, June 28th. Desjardins reduced their price objective on Corus Entertainment from C$9.50 to C$6.50 in a research note on Thursday, June 28th. BMO Capital Markets reduced their price objective on Corus Entertainment from C$7.00 to C$6.00 in a research note on Thursday, June 28th. Finally, TD Securities reduced their price objective on Corus Entertainment from C$8.00 to C$6.50 and set a hold rating on the stock in a research note on Thursday, June 28th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Corus Entertainment currently has an average rating of Hold and a consensus target price of C$6.17.

Shares of TSE CJR.B opened at C$4.16 on Monday. Corus Entertainment has a 12-month low of C$6.93 and a 12-month high of C$14.10.

Corus Entertainment Company Profile

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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