BMO Capital analyst Tim Casey maintained a Hold rating on Corus Entertainment (OTC:CJREF) on Wednesday, setting a price target of $6.75, which is approximately 32.09% above the present share price of $5.11.
Casey expects Corus Entertainment to post earnings per share (EPS) of $0.17 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Corus Entertainment, with an average price target of $6.61.
The analysts price targets range from a high of $8.06 to a low of $5.64.
In its latest earnings report, released on 02/28/2021, the company reported a quarterly revenue of $358.87 million and a net profit of $74.34 million. The company's market cap is $1.06 billion.
According to TipRanks.com, BMO Capital analyst Tim Casey is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.4% and a 74.79% success rate.
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 Television segment comprises of specialty television networks, pay television services, conventional television stations, and the Corus content business. The Radio segment includes radio stations with a concentration in the densely populated area. The Corporate segment refers to the incremental cost of corporate overhead in excess of the amount allocated to the other operating segments. The company was founded by James Robert Shaw on March 3, 1998 and is headquartered in Toronto, Canada.