Quebecor (TSE:QBR.B - Get Free Report) had its price objective cut by equities research analysts at TD Securities from C$40.00 to C$39.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. TD Securities' price objective would suggest a potential upside of 17.15% from the stock's previous close.
A number of other equities research analysts also recently commented on the company. Royal Bank of Canada lifted their price objective on Quebecor from C$35.00 to C$36.00 in a research report on Friday, August 9th. Scotiabank lowered shares of Quebecor from an "outperform" rating to a "sector perform" rating in a report on Thursday, October 10th. Finally, BMO Capital Markets upped their target price on Quebecor from C$35.00 to C$37.00 in a research report on Thursday, September 5th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$37.94.
View Our Latest Report on Quebecor
Quebecor Trading Down 0.7 %
Shares of QBR.B stock traded down C$0.23 during trading hours on Friday, hitting C$33.29. The company had a trading volume of 156,603 shares, compared to its average volume of 675,622. Quebecor has a fifty-two week low of C$27.84 and a fifty-two week high of C$35.90. The company's fifty day moving average is C$34.57 and its 200 day moving average is C$31.40. The stock has a market capitalization of C$5.25 billion, a PE ratio of 10.49, a price-to-earnings-growth ratio of 1.43 and a beta of 0.39. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35.
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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