Quebecor (TSE:QBR) Rating Lowered to Hold at Natl Bk Canada

Quebecor (TSE:QBR) was downgraded by research analysts at Natl Bk Canada from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

QBR has been the subject of several other reports. BMO Capital Markets upgraded Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 4th. Royal Bank Of Canada downgraded shares of Quebecor from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, October 15th. Finally, National Bank Financial raised Quebecor from a “hold” rating to a “strong-buy” rating in a report on Monday, August 11th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Quebecor Price Performance

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation.