Quebecor, Inc. (TSE:QBR.B) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Quebecor, Inc. (TSE:QBR.B) has earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$37.94.

A number of equities analysts have recently commented on QBR.B shares. Scotiabank cut their price target on shares of Quebecor from C$38.00 to C$37.00 in a report on Tuesday, November 26th. Royal Bank of Canada decreased their price target on Quebecor from C$38.00 to C$37.00 in a research note on Friday, November 8th. BMO Capital Markets lifted their price objective on Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. TD Securities decreased their target price on shares of Quebecor from C$40.00 to C$39.00 and set a “buy” rating for the company in a research report on Friday, November 8th. Finally, CIBC boosted their price target on shares of Quebecor from C$39.00 to C$40.00 in a research report on Friday, November 8th.

Quebecor Stock Down 2.2 %

Shares of TSE QBR.B opened at C$31.14 on Wednesday. The company has a 50 day simple moving average of C$33.73 and a 200 day simple moving average of C$31.95. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. Quebecor has a 1 year low of C$27.84 and a 1 year high of C$35.90. The firm has a market cap of C$4.91 billion, a PE ratio of 9.82, a price-to-earnings-growth ratio of 1.43 and a beta of 0.39.

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.