Quebecor Inc. (OTCMKTS:QBCRF) Receives Average Rating of “Moderate Buy” from Brokerages

Quebecor Inc. (OTCMKTS:QBCRF) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Several research firms have weighed in on QBCRF. Scotiabank reiterated a “sector perform” rating on shares of Quebecor in a research report on Monday, January 12th. Royal Bank Of Canada cut Quebecor from an “outperform” rating to a “sector perform” rating in a report on Wednesday, October 15th. Finally, TD Securities reiterated a “buy” rating on shares of Quebecor in a research report on Monday, December 8th.

Quebecor Stock Down 0.9%

OTCMKTS QBCRF opened at $36.24 on Wednesday. The company has a 50-day moving average price of $36.83 and a 200-day moving average price of $33.03. Quebecor has a 52 week low of $21.85 and a 52 week high of $38.04.

About Quebecor

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.