Quebecor (TSE:QBR.B - Free Report) had its target price lifted by Scotiabank from C$36.00 to C$36.50 in a report released on Wednesday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.
Several other research analysts have also issued reports on the company. CIBC reduced their price target on Quebecor from C$40.00 to C$39.00 in a research report on Monday, February 10th. National Bankshares lowered their price target on Quebecor from C$40.00 to C$38.00 and set an "outperform" rating for the company in a research note on Friday, January 3rd. TD Securities lifted their price objective on shares of 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, Royal Bank of Canada increased their target price on shares of Quebecor from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a report on Wednesday, April 9th.
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Quebecor Trading Up 2.0 %
TSE:QBR.B traded up C$0.72 during trading hours on Wednesday, hitting C$36.13. 380,557 shares of the stock were exchanged, compared to its average volume of 952,772. The company's 50 day moving average is C$35.03 and its two-hundred day moving average is C$33.62. The company has a market capitalization of C$5.70 billion, a P/E ratio of 11.40, a price-to-earnings-growth ratio of 1.43 and a beta of 0.39. Quebecor has a twelve month low of C$27.84 and a twelve month high of C$38.26. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97.
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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