Corus Entertainment, Inc. (CJREF) Stock Forecast & Predictions

Corus Entertainment Inc. Class B CJREF: $4.592

Corus Quay, Toronto, ON, CA. | Sector: Consumer Services | Exchange: US OTC | Web: http://www.corusent.com

  • Market Cap$0.94B
  • Change (52 Weeks)111.65%
  • Low (52 Weeks)$2.13
  • Corus Entertainment, Inc. (CJREF) Forecast Based on Technical Analysis


    Neutral
    Based on 10 Technical Indicators where 0.00% are on Buy, 30.00% on Sell, and 70.00% Neutral.

    According to the market data, Corus Entertainment, Inc. (CJREF) stock price is $4.592 and the 52 weeks low is $2.13, which means the Corus Entertainment, Inc. stock price is up 111.65% in the last 12 months.

    Corus Entertainment, Inc. (CJREF) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 10 technical indicators, 0.00% are indicating that CJREF Stock price might rise further, 30.00% indicating that CJREF Stock price might fall, and 70.00% are in a neutral position.

    Based on these technical algorithms, overall CJREF stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Corus Entertainment, Inc. (CJREF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Corus Entertainment, Inc. (CJREF) is based on 16 Institutional Analyst Ratings where 56.25% are on Strong Buy, 31.25% on Moderate Buy, 12.50% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 16 Institutional Analysts, majority recommended CJREF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Corus Entertainment, Inc..

    Corus Entertainment, Inc. (CJREF) Stock Price Prediction By Analysts


    HighLowAverage
    $8.26$5.36$6.48
    $6.4841.15% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for CJREF set by the institutional analysts is $6.48 where High Estimate is $8.26, Median $6.215897435897436 and Low $5.36.

    The average price target for CJREF by Institutional Analysts is $6.48, which is 41.15% Upside from the current price. So according to the Institutional Analysts, CJREF Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Corus Entertainment, Inc. (CJREF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    TD SecuritiesAction List BuyUpgraded
    RBC CapitalOutperformUpgraded
    CIBC World MarketsStrong-BuyUpgraded
    BMO Capital MarketsUpgraded
    RBC CapitalOutperformMaintained
    SbankOutperformUpgraded
    CIBC World MarketsStrong-BuyUpgraded
    Canaccord GenuityStrong BuyUpgraded
    BMO Capital MarketsStrong-BuyUpgraded
    RBC CapitalOutperformUpgraded
    Canaccord GenuityStrong-BuyUpgraded
    National BanksharesOutperformUpgraded
    National BankOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesAction List BuyUpgraded
    RBC CapitalOutperformUpgraded
    CIBC World MarketsUpgraded
    Canaccord GenuityUpgraded
    BMO Capital MarketsUpgraded
    SbankOutperformMaintained
    SbankUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialUpgraded
    TD SecuritiesAction List BuyUpgraded
    National Bank FinancialOutperformUpgraded
    SbankDowngraded
    CIBC World MarketsDowngraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesAction List BuyDowngraded
    CIBC World MarketsDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Canaccord GenuityDowngraded
    National Bank FinancialSector PerformUpgraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformDowngraded
    BMO Capital MarketsDowngraded
    Cormark SecuritiesDowngraded
    TD SecuritiesAction List BuyUpgraded
    RBC CapitalUpgraded
    National Bank FinancialOutperformUpgraded
    Desjardins SecuritiesUpgraded
    Cormark SecuritiesInitiated
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesAction List BuyUpgraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    Desjardins SecuritiesHoldUpgraded
    Cormark SecuritiesBuyUpgraded
    CIBC World MarketsUpgraded
    BMO Capital MarketsUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialSector PerformUpgraded
    CIBC World MarketsOutperformUpgraded
    CIBC World MarketsDowngraded
    National Bank FinancialSector PerformDowngraded
    TD SecuritiesBuyUpgraded
    TD SecuritiesHoldDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformUpgraded
    Desjardins SecuritiesDowngraded
    Cormark SecuritiesDowngraded
    CIBC World MarketsDowngraded
    BMO Capital MarketsDowngraded
    BarclaysDowngraded
    TD SecuritiesHoldDowngraded
    CIBC World MarketsDowngraded
    SbankSector PerformDowngraded
    TD SecuritiesHoldDowngraded
    Desjardins SecuritiesDowngraded
    CIBC World MarketsDowngraded
    BMO Capital MarketsDowngraded
    RBC CapitalSector PerformDowngraded
    SbankSector PerformDowngraded
    National Bank FinancialUnderperformDowngraded
    TD SecuritiesHoldDowngraded
    SbankSector PerformDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Desjardins SecuritiesHoldDowngraded
    CIBC World MarketsDowngraded
    BarclaysDowngraded
    SbankOutperformDowngraded
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsDowngraded
    BMO Capital MarketsMarket PerformDowngraded
    Desjardins SecuritiesBuyReiterated
    National Bank FinancialSector PerformDowngraded
    TD SecuritiesBuyMaintained
    BMO Capital MarketsMarket PerformMaintained
    National Bank FinancialMaintained
    SbankOutperformUpgraded
    SbankSector PerformMaintained
    TD SecuritiesAction List BuyMaintained
    National Bank FinancialMaintained
    Canaccord GenuityHoldMaintained
    CIBC World MarketsSector PerformerMaintained
    TD SecuritiesMaintained
    RBC CapitalSector PerformMaintained
    SbankSector PerformMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    TD SecuritiesBuyMaintained
    National Bank FinancialSector PerformMaintained
    BarclaysUnderweightMaintained
    TD SecuritiesMaintained
    SbankMaintained
    RBC CapitalSector PerformMaintained
    CIBC World MarketsSector PerformerMaintained
    Canaccord GenuitySellMaintained
    RBC CapitalSector PerformMaintained
    SbankMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    Credit SuisseUnderperformMaintained
    Canaccord GenuitySellMaintained
    SbankMaintained
    SbankMaintained
    National Bank FinancialMaintained
    BMO Capital MarketsAt Market PerformMaintained
    Credit SuisseUnderperformDowngraded
    Canaccord GenuitySellMaintained
    TD SecuritiesBuyUpgraded
    SbankMaintained
    Canaccord GenuitySellMaintained
    BMO Capital MarketsMaintained
    TD SecuritiesHoldMaintained
    TD SecuritiesMaintained
    RBC CapitalOutperformMaintained
    CIBC World MarketsOutperformMaintained
    SbankSector PerformMaintained
    BarclaysEqual WeightMaintained
    Canaccord GenuityHoldMaintained
    Canaccord GenuityMaintained
    RBC CapitalMaintained
    RBC CapitalSector PerformMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityMaintained
    TD SecuritiesHoldMaintained
    SbankMaintained
    Canaccord GenuityHoldMaintained
    RBC CapitalSector PerformMaintained
    Canaccord GenuityMaintained
    CIBC World MarketsSector PerformMaintained
    CIBC World MarketsMaintained

    Corus Entertainment, Inc. (CJREF) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.091
    The average consensus EPS for CJREF is $0.091 with a high estimate of $0.116 and Low of $0.049 for the period 2021-09-30 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.18$0.12212712021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.21$0.202570100000000032021-09-30
    $0.18$0.12212712021-06-30
    $0.38$0.315182021-03-31
    $0.16$0.056652020-12-31
    $0.09$0.158918700000000022020-09-30
    $0.12$0.105062020-06-30
    $0.38$0.39875422020-03-31
    $0.13$0.12532012019-12-31
    $0.31$0.33548132019-09-30
    $0.07$0.05536252019-06-30
    $0.33$0.407426800000000032019-03-31
    $0.19$0.15221342018-12-31
    $0.37$0.36693752018-09-30
    $0.2$0.11716252018-06-30
    $0.38$0.45091342018-03-31
    $0.22$0.165943300000000022017-12-31
    $0.35$0.37859712017-09-30
    $0.41$0.47058642017-03-31
    $0.34$0.40131892016-09-30
    $0.49$0.5608352016-03-31
    $0.28$0.29836012015-12-31
    $0.36$0.50091992015-09-30
    $0.33$0.35752332015-06-30
    $0.6$0.66508132015-03-31
    $0.31$0.42984992014-12-31
    $0.49$0.52805012014-09-30
    $0.43$0.53118132013-09-30
    $0.29$0.368224999999999972013-06-30
    $0.62$0.62977290000000012013-03-31
    $0.36$0.36693752012-12-31
    $0.53$0.50598752012-09-30
    $0.38$0.3836752012-06-30
    $0.61$0.60328132012-03-31
    $0.36$0.33548132011-12-31
    $0.47$0.460554199999999972011-09-30
    $0.24$0.285825000000000052010-12-31
    $0.39$0.40905422010-09-30
    $0.3$0.32962010-06-30
    $0.61$0.58137322010-03-31
    $0.23$0.33302992009-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).