Corus Entertainment (CJREF) Lowered to “Hold” at ValuEngine

ValuEngine downgraded shares of Corus Entertainment (OTCMKTS:CJREF) from a buy rating to a hold rating in a report released on Friday morning.

Separately, Canaccord Genuity set a $9.00 price objective on shares of Corus Entertainment and gave the stock a hold rating in a report on Thursday.

OTCMKTS CJREF opened at $5.78 on Friday. The company has a market cap of $1,180.42, a PE ratio of 6.49 and a beta of 0.54. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.96 and a quick ratio of 0.96. Corus Entertainment has a 1-year low of $4.34 and a 1-year high of $11.38.

Corus Entertainment (OTCMKTS:CJREF) last posted its quarterly earnings data on Thursday, April 5th. The company reported $0.16 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.07. The company had revenue of $291.99 million during the quarter. Corus Entertainment had a net margin of 12.78% and a return on equity of 9.15%.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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