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

Shares of Quebecor, Inc. (TSE:QBR.B) have received an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$37.94.

Several research firms have weighed in on QBR.B. Scotiabank cut their target price on Quebecor from C$38.00 to C$37.00 in a research note on Tuesday, November 26th. Royal Bank of Canada cut their price target on shares of Quebecor from C$38.00 to C$37.00 in a research report on Friday, November 8th. CIBC lifted their price objective on shares of Quebecor from C$39.00 to C$40.00 in a research note on Friday, November 8th. BMO Capital Markets upped their target price on shares of Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. Finally, TD Securities reduced their price target on shares of Quebecor from C$40.00 to C$39.00 and set a “buy” rating on the stock in a research report on Friday, November 8th.

Quebecor Stock Performance

Quebecor stock opened at C$31.14 on Wednesday. The company has a market cap of C$4.91 billion, a PE ratio of 9.82, a PEG 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 has a 1 year low of C$27.84 and a 1 year high of C$35.90. The company’s 50-day moving average is C$33.73 and its two-hundred day moving average is C$31.95.

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.