CIBC Lowers Corus Entertainment Inc. (CJR.B) Price Target to C$13.00
Corus Entertainment Inc. (TSE:CJR.B) had its target price cut by equities research analysts at CIBC from C$13.50 to C$13.00 in a report issued on Thursday.
Several other brokerages have also recently issued reports on CJR.B. TD Securities cut their price target on Corus Entertainment from C$17.00 to C$16.00 and set a “buy” rating for the company in a research note on Thursday. Royal Bank Of Canada cut their target price on Corus Entertainment from C$13.00 to C$12.00 and set a “sector perform” rating for the company in a research note on Thursday. BMO Capital Markets cut their target price on Corus Entertainment from C$13.50 to C$12.50 and set a “market perform” rating for the company in a research note on Thursday. Scotiabank cut their target price on Corus Entertainment from C$15.50 to C$15.00 and set an “outperform” rating for the company in a research note on Monday, October 16th. Finally, Desjardins restated a “buy” rating and set a C$15.00 target price on shares of Corus Entertainment in a research note on Friday, October 6th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Corus Entertainment has a consensus rating of “Buy” and an average price target of C$13.79.
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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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