Quebecor Inc. (OTCMKTS:QBCRF) Given Consensus Rating of “Moderate Buy” by Analysts

Quebecor Inc. (OTCMKTS:QBCRF) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

A number of equities research analysts have weighed in on the company. TD Securities reiterated a “buy” rating on shares of Quebecor in a research note on Monday, June 29th. Raymond James Financial assumed coverage on shares of Quebecor in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. Scotiabank reaffirmed a “sector perform” rating on shares of Quebecor in a report on Tuesday, July 7th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Quebecor in a research report on Friday, May 15th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Quebecor in a research note on Friday, July 10th.

Quebecor Stock Performance

OTCMKTS QBCRF opened at $46.47 on Friday. The company has a fifty day moving average of $48.14 and a two-hundred day moving average of $42.97. The company has a market capitalization of $10.47 billion and a PE ratio of 67.35. Quebecor has a 1 year low of $26.93 and a 1 year high of $49.00. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.94 and a quick ratio of 0.76.

Quebecor (OTCMKTS:QBCRF) last posted its earnings results on Thursday, May 14th. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $982.02 million. Quebecor had a return on equity of 33.84% and a net margin of 15.55%.

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.