Quebecor (TSE:QBR.B) Price Target Lowered to C$37.00 at Scotiabank

Quebecor (TSE:QBR.B) had its price objective reduced by Scotiabank from C$38.00 to C$37.00 in a report issued on Tuesday morning,BayStreet.CA reports.

QBR.B has been the topic of several other reports. Royal Bank of Canada reduced their price objective on Quebecor from C$38.00 to C$37.00 in a research note on Friday, November 8th. BMO Capital Markets raised their price target on shares of Quebecor from C$35.00 to C$37.00 in a research report on Thursday, September 5th. TD Securities lowered their price objective on shares of Quebecor from C$40.00 to C$39.00 and set a “buy” rating for the company in a research report on Friday, November 8th. Finally, CIBC raised their target price on shares of Quebecor from C$39.00 to C$40.00 in a report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$37.94.

Quebecor Trading Down 0.5 %

TSE:QBR.B opened at C$32.18 on Tuesday. The company has a market cap of C$5.08 billion, a PE ratio of 10.15, a P/E/G ratio of 1.43 and a beta of 0.39. The business’s 50 day moving average is C$34.18 and its two-hundred day moving average is C$31.70. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. Quebecor has a 52 week low of C$27.84 and a 52 week high of C$35.90.

Quebecor Company Profile

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.