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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Communication Services
Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Corus Entertainment Inc
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Post by Daudau11on Jan 13, 2022 5:11pm
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Post# 34314712

RBC Target Unchanged

RBC Target UnchangedOur view: Following slightly better than expected Q1/22 results and an in-line Q2/22 and F2022 outlook, our $8 price target is unchanged. Given an impressive array of strategic and tactical initiatives contributing to revenue growth, we continue to believe the shares are notably oversold particularly in an economic/post-COVID-19 recovery scenario through F2023.
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