Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$31.38 and traded as high as C$35.64. Quebecor shares last traded at C$34.49, with a volume of 1,384,752 shares.
Analyst Ratings Changes
Several brokerages have issued reports on QBR.B. TD Securities raised their price objective on shares of Quebecor from C$36.00 to C$38.00 in a research report on Thursday, October 10th. Scotiabank downgraded Quebecor from an "outperform" rating to a "sector perform" rating in a report on Thursday, October 10th. Royal Bank of Canada upped their price objective on Quebecor from C$35.00 to C$36.00 in a research report on Friday, August 9th. Finally, BMO Capital Markets boosted their target price on Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$37.56.
Get Our Latest Analysis on QBR.B
Quebecor Trading Down 3.6 %
The stock has a 50-day moving average price of C$34.56 and a two-hundred day moving average price of C$31.38. The stock has a market capitalization of C$5.24 billion, a PE ratio of 10.88, a PEG 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 Company Profile
(
Get Free Report)
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.
Read More
Before you consider Quebecor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quebecor wasn't on the list.
While Quebecor currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
