Quebecor, Inc. (TSE:QBR.B) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Quebecor, Inc. (TSE:QBR.B) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$37.94.

Several research analysts have recently commented on the company. Scotiabank lowered Quebecor from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 10th. CIBC boosted their target price on Quebecor from C$39.00 to C$40.00 in a research note on Friday, November 8th. Royal Bank of Canada reduced their price target on Quebecor from C$38.00 to C$37.00 in a research report on Friday, November 8th. BMO Capital Markets lifted their price objective on shares of Quebecor from C$35.00 to C$37.00 in a research report on Thursday, September 5th. Finally, TD Securities decreased their price target on Quebecor from C$40.00 to C$39.00 and set a “buy” rating for the company in a report on Friday, November 8th.

Quebecor Stock Performance

Shares of Quebecor stock opened at C$31.95 on Friday. The business’s fifty day simple moving average is C$34.31 and its 200-day simple moving average is C$31.62. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. The firm has a market cap of C$5.04 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 1.43 and a beta of 0.39. 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.