Corus Entertainment (CJREF) PT Set at $9.00 by Canaccord Genuity

Corus Entertainment (OTCMKTS:CJREF) received a $9.00 price objective from Canaccord Genuity in a research note issued to investors on Thursday. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 55.71% from the stock’s current price.

Shares of CJREF opened at $5.78 on Thursday. Corus Entertainment has a one year low of $4.34 and a one year high of $11.38. The stock has a market capitalization of $959.43, a price-to-earnings ratio of 5.66 and a beta of 0.54. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.75.

Corus Entertainment (OTCMKTS:CJREF) last announced its earnings results on Thursday, April 5th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.09 by $0.07. Corus Entertainment had a net margin of 11.91% and a return on equity of 8.63%. The company had revenue of $291.99 million during the quarter.

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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 45 specialty television networks and 15 conventional television stations.

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