Quebecor, Inc. (TSE:QBR.B) Given Consensus Recommendation of “Moderate Buy” by Analysts

Quebecor, Inc. (TSE:QBR.B) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$37.81.

Several analysts recently weighed in on QBR.B shares. TD Securities lifted their price objective on shares of Quebecor from C$37.00 to C$40.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. BMO Capital Markets lifted their price target on Quebecor from C$35.00 to C$37.00 in a report on Thursday, September 5th. Finally, Royal Bank of Canada increased their price objective on Quebecor from C$35.00 to C$36.00 in a report on Friday, August 9th.

Quebecor Price Performance

Shares of TSE QBR.B opened at C$35.60 on Friday. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The firm has a market capitalization of C$5.62 billion, a PE ratio of 11.23, a P/E/G ratio of 1.43 and a beta of 0.39. Quebecor has a 1-year low of C$27.25 and a 1-year high of C$35.90. The business’s fifty day moving average price is C$33.50 and its two-hundred day moving average price is C$30.72.

About Quebecor

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.