Quebecor (TSE:QBR.B) Price Target Raised to C$37.00 at BMO Capital Markets

Quebecor (TSE:QBR.B) had its price objective increased by BMO Capital Markets from C$35.00 to C$37.00 in a research note issued to investors on Thursday, BayStreet.CA reports.

Several other research firms also recently weighed in on QBR.B. TD Securities boosted their price target on shares of Quebecor from C$35.00 to C$37.00 and gave the stock a buy rating in a research note on Monday, August 12th. National Bankshares dropped their target price on Quebecor from C$38.00 to C$37.00 in a report on Friday, May 10th. Finally, Royal Bank of Canada increased their price objective on Quebecor from C$35.00 to C$36.00 in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of C$37.44.

Quebecor Trading Up 0.5 %

Shares of QBR.B opened at C$33.62 on Thursday. Quebecor has a fifty-two week low of C$27.25 and a fifty-two week high of C$33.97. The firm has a market cap of C$5.30 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.43 and a beta of 0.38. The firm has a 50 day moving average price of C$30.79 and a 200-day moving average price of C$30.17. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

Quebecor Company Profile

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.