Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$33.28 and traded as high as C$35.78. Quebecor shares last traded at C$35.73, with a volume of 896,796 shares traded.
Wall Street Analysts Forecast Growth
QBR.B has been the subject of several research analyst reports. Scotiabank reduced their price target on shares of Quebecor from C$38.00 to C$37.00 in a research report on Tuesday, November 26th. National Bankshares decreased their target price on Quebecor from C$40.00 to C$38.00 and set an "outperform" rating for the company in a research report on Friday, January 3rd. Royal Bank of Canada upgraded Quebecor from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from C$37.00 to C$39.00 in a report on Wednesday, December 18th. TD Securities increased their price objective on Quebecor from C$39.00 to C$40.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Finally, CIBC lowered their target price on Quebecor from C$40.00 to C$39.00 in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$38.33.
View Our Latest Stock Report on Quebecor
Quebecor Trading Down 1.6 %
The business has a 50-day moving average of C$33.19 and a two-hundred day moving average of C$33.30. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. The firm has a market capitalization of C$5.56 billion, a price-to-earnings ratio of 11.12, a P/E/G ratio of 1.43 and a beta of 0.39.
About Quebecor
(
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.
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