Barclays Keeps Their Sell Rating on Corus Entertnmnt B (CJR.B)


Corus Entertnmnt B (CJR.B), the Services sector company was revisited yesterday, and remains overvalued for at least one analyst on the street. Analyst Phillip Huang from Barclays reiterated a Sell rating, with a C$6 price target.

According to TipRanks.com, Huang is a 5-star analyst with an average return of 8.9% and a 74.0% success rate. Huang covers the Technology sector, focusing on stocks such as CGI Group, Open Text, and BCE Inc.

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Currently, the analyst consensus on Corus Entertnmnt B is a Moderate Buy with an average price target of C$6.33.

The company has a one-year high of C$9.06 and a one-year low of C$3.62. Currently, Corus Entertnmnt B has an average volume of 706.8K.

Corus Entertainment, Inc. is a media and entertainment holding company, which engages in the provision of radio broadcasting, specialty television, digital audio services, and cable advertising services. It operates through the following segments: Television, Radio, and Corporate.

The company’s shares closed on Monday at C$5.84.

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