A Corus Stock Comeback Placed Under the Microscope


TORONTO — With the TSX closed on Thursday in observance of the Canada Day holiday, the start of the second half of 2021 led financial blog Simply Wall St. to take a closer look at Corus Entertainment.

Corus is one of Canada’s biggest media companies and owns 39 radio stations and 15 broadcast television stations. Its stock price has seen a healthy 52-week rebound, with its June 30 closing price its best since May 2019.

With a 1-year price target poised to put Corus at its best stock price since the start of 2018, is the share gain “well earned”?

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