Quebecor (TSE:QBR.B - Free Report) had its price objective trimmed by National Bankshares from C$40.00 to C$38.00 in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
QBR.B has been the subject of several other research reports. CIBC boosted their price objective on Quebecor from C$39.00 to C$40.00 in a report on Friday, November 8th. Scotiabank decreased their price target on shares of Quebecor from C$38.00 to C$37.00 in a research note on Tuesday, November 26th. TD Securities lowered their price objective on shares of Quebecor from C$40.00 to C$39.00 and set a "buy" rating on the stock in a report on Friday, November 8th. Royal Bank of Canada upgraded shares of Quebecor from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from C$37.00 to C$39.00 in a report on Wednesday, December 18th. Finally, BMO Capital Markets upped their target price on shares of Quebecor from C$35.00 to C$37.00 in a report on Thursday, September 5th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Quebecor currently has an average rating of "Moderate Buy" and an average target price of C$38.31.
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Quebecor Trading Down 1.1 %
TSE QBR.B traded down C$0.34 during trading hours on Friday, hitting C$31.21. 783,602 shares of the company's stock were exchanged, compared to its average volume of 666,789. The firm has a market cap of C$4.92 billion, a price-to-earnings ratio of 9.85, a PEG ratio of 1.43 and a beta of 0.39. The stock has a 50-day simple moving average of C$32.66 and a 200 day simple moving average of C$32.13. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. Quebecor has a 1-year low of C$27.84 and a 1-year high of C$35.90.
About Quebecor
(
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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.
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