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

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

A number of brokerages have recently issued reports on QBCRF. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a report on Monday, January 12th. TD Securities reaffirmed a “buy” rating on shares of Quebecor in a report on Monday, December 8th.

Quebecor Price Performance

Shares of QBCRF opened at $39.09 on Friday. Quebecor has a 52-week low of $22.63 and a 52-week high of $39.28. The stock’s 50-day simple moving average is $37.13 and its 200 day simple moving average is $34.02.

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.