Quebecor (TSE:QBR.A) Given a C$72.00 Price Target by Raymond James Financial Analysts

Quebecor (TSE:QBR.A) has been assigned a C$72.00 price target by equities researchers at Raymond James Financial in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James Financial’s target price points to a potential upside of 7.95% from the stock’s previous close.

Separately, JPMorgan Chase & Co. boosted their price target on Quebecor from C$63.00 to C$69.00 in a research report on Friday, May 15th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of C$61.42.

Quebecor Price Performance

Shares of QBR.A opened at C$66.70 on Thursday. The firm has a market cap of C$15.03 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.44 and a beta of 0.73. The company’s fifty day moving average is C$67.17 and its two-hundred day moving average is C$59.07. Quebecor has a fifty-two week low of C$37.16 and a fifty-two week high of C$71.89. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97.

Quebecor (TSE:QBR.A) last released its quarterly earnings data on Thursday, May 14th. The company reported C$0.97 EPS for the quarter. The business had revenue of C$1.40 billion during the quarter. Quebecor had a return on equity of 37.44% and a net margin of 12.99%. Analysts forecast that Quebecor will post 3.4726027 earnings per share for the current year.

Quebecor Company Profile

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.