Quebecor, Inc. (TSE:QBR.B - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$38.31.
A number of research firms have recently issued reports on QBR.B. Scotiabank cut their price objective on Quebecor from C$38.00 to C$37.00 in a research report on Tuesday, November 26th. TD Securities dropped their price target on Quebecor from C$40.00 to C$39.00 and set a "buy" rating for the company in a research note on Friday, November 8th. National Bankshares decreased their price target on Quebecor from C$40.00 to C$38.00 and set an "outperform" rating on the stock in a research note on Friday, January 3rd. CIBC increased their price target on Quebecor from C$39.00 to C$40.00 in a research note on Friday, November 8th. Finally, Royal Bank of Canada upgraded shares of Quebecor from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from C$37.00 to C$39.00 in a research report on Wednesday, December 18th.
Read Our Latest Analysis on Quebecor
Quebecor Trading Up 1.0 %
QBR.B traded up C$0.31 during midday trading on Friday, reaching C$31.65. 911,479 shares of the company were exchanged, compared to its average volume of 614,782. The stock has a market capitalization of C$4.99 billion, a P/E ratio of 9.98, a PEG ratio of 1.43 and a beta of 0.39. The stock's 50-day simple moving average is C$32.32 and its 200 day simple moving average is C$32.26. 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 one year low of C$27.84 and a one year high of C$35.90.
About Quebecor
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Get Free ReportQuebecor 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.
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