Corus Entertnmnt B Receives a Hold from BMO Capital

By Ryan Adsit

Corus Entertnmnt B (TSX: CJR.B), the Services sector company, was revisited by a Wall Street analyst on January 10. Analyst Tim Casey from BMO Capital reiterated a Hold rating, with a C$9 price target on January 10.

According to, Casey is a 3-star analyst with an average return of 5.7% and a 65.3% success rate. Casey covers the Services sector, focusing on stocks such as Shaw Communications Inc, Thomson Reuters Corp, and Corus Entertainment.

Currently, the analyst consensus on Corus Entertnmnt B is Hold and the average price target is C$10.29, representing a 13.3% upside.

In a report issued on January 10, Desjardins also downgraded the stock to Hold with a C$11.50 price target.

The company has a one-year high of C$14.10 and a one-year low of C$8.74. Currently, Corus Entertnmnt B has an average volume of 506.7K.

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 Television and Radio segments.

The company’s shares closed on Thursday at C$9.08, close to its 52-week low of C$8.74.