Quebecor, Inc. (TSE:QBR.B) Receives Consensus Rating of “Moderate Buy” from Analysts

Quebecor, Inc. (TSE:QBR.B) has been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$37.93.

A number of equities research analysts recently weighed in on the stock. TD Securities boosted their price target on shares of Quebecor from C$39.00 to C$40.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. National Bankshares dropped their target price on shares of Quebecor from C$40.00 to C$38.00 and set an “outperform” rating for the company in a research report on Friday, January 3rd. Scotiabank reduced their price target on Quebecor from C$38.00 to C$37.00 in a research report on Tuesday, November 26th. Royal Bank of Canada upgraded Quebecor from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$37.00 to C$39.00 in a report on Wednesday, December 18th. Finally, CIBC raised their target price on Quebecor from C$39.00 to C$40.00 in a report on Friday, November 8th.

Quebecor Trading Down 1.9 %

Shares of TSE QBR.B opened at C$32.27 on Thursday. Quebecor has a 1-year low of C$27.84 and a 1-year high of C$35.90. The company has a 50-day moving average of C$31.78 and a two-hundred day moving average of C$32.52. The company has a market cap of C$5.09 billion, a PE ratio of 10.18, a P/E/G ratio of 1.43 and a beta of 0.39. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97.

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.