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Corus Entertainment (CJR.B-T) appears to be facing significant challenges according to expert reviews. One expert notes that the company's stock performance is lackluster, suggesting that it is not suited for investors who typically pursue merger and acquisition opportunities. Another expert expresses uncertainty about the company's future direction, highlighting recent setbacks such as the loss of a streaming contract to Rogers. Moreover, concerns are raised about the management's handling of business operations amid rising debt levels. The experts share a consensus that the company's situation could lead to potential bankruptcy, presenting a possible restructuring opportunity down the line.
Since last summer there has been a recession in advertising for television and this has been a problem for Chorus. There are longer term headwinds since subscribers are moving more to streaming services. Chorus has STACK TV but it is an uphill battle against some of the big companies. It sold its animation studio to help reduce debt load but debt is still pretty high. The stock is too risky.
Corus Entertainment (B) is a Canadian stock, trading under the symbol CJR.B-T on the Toronto Stock Exchange (CJR.B-CT). It is usually referred to as TSX:CJR.B or CJR.B-T
In the last year, 1 stock analyst published opinions about CJR.B-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Corus Entertainment (B).
Corus Entertainment (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Corus Entertainment (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Corus Entertainment (B) In the last year. It is a trending stock that is worth watching.
On 2025-04-25, Corus Entertainment (B) (CJR.B-T) stock closed at a price of $0.1.