Quebecor, Inc. (TSE:QBR.B - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$31.51 and traded as high as C$32.24. Quebecor shares last traded at C$32.00, with a volume of 667,667 shares traded.
Wall Street Analysts Forecast Growth
QBR.B has been the subject of several recent analyst reports. Scotiabank downgraded shares of Quebecor from an "outperform" rating to a "sector perform" rating in a research note on Thursday, October 10th. CIBC upped their target price on Quebecor from C$39.00 to C$40.00 in a research report on Friday, November 8th. BMO Capital Markets boosted their price target on Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. TD Securities decreased their price objective on shares of 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. Finally, Royal Bank of Canada dropped their target price on shares of Quebecor from C$38.00 to C$37.00 in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$37.94.
Get Our Latest Analysis on QBR.B
Quebecor Trading Down 0.4 %
The company has a 50 day moving average price of C$34.46 and a two-hundred day moving average price of C$31.54. The firm has a market capitalization of C$5.05 billion, a price-to-earnings ratio of 10.09, a P/E/G 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.
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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