Corus Entertainment Inc. (CJR.B) Price Target Lowered to C$12.00 at Royal Bank Of Canada

Corus Entertainment Inc. (TSE:CJR.B) had its target price reduced by equities research analysts at Royal Bank Of Canada from C$13.00 to C$12.00 in a research note issued on Thursday, October 19th. The firm currently has a “sector perform” rating on the stock.

CJR.B has been the subject of a number of other research reports. Scotiabank dropped their price objective on shares of 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. TD Securities upped their price objective on shares of Corus Entertainment from C$15.00 to C$16.00 and gave the company a “buy” rating in a research note on Tuesday, July 4th. CIBC upped their price objective on shares of Corus Entertainment from C$13.00 to C$13.50 and gave the company a “sector perform” rating in a research note on Wednesday, June 28th. Desjardins reaffirmed a “buy” rating and set a C$15.00 price objective on shares of Corus Entertainment in a research note on Friday, October 6th. Finally, BMO Capital Markets dropped their price objective on shares of 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, October 19th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of C$13.64.

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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.

Analyst Recommendations for Corus Entertainment (TSE:CJR.B)

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