Quebecor, Inc. (TSE:QBR.B) Given Average Recommendation of "Moderate Buy" by Analysts

Quebecor, Inc. (TSE:QBR.B - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight brokerages that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is C$37.94.

A number of equities research analysts have recently issued reports on QBR.B shares. Royal Bank of Canada cut their price objective on shares of Quebecor from C$38.00 to C$37.00 in a research note on Friday, November 8th. BMO Capital Markets raised their price objective on Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. CIBC increased their target price on Quebecor from C$39.00 to C$40.00 in a report on Friday, November 8th. Scotiabank decreased their price target on Quebecor from C$38.00 to C$37.00 in a research note on Tuesday, November 26th. Finally, TD Securities lowered their price objective on 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.

Quebecor Stock Down 2.2 %

Shares of TSE:QBR.B opened at C$31.14 on Wednesday. The firm has a market capitalization 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. 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 has a 52-week low of C$27.84 and a 52-week high of C$35.90. The firm has a fifty day moving average of C$33.65 and a 200 day moving average of C$31.95.

About Quebecor

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.