Quebecor, Inc. (TSE:QBR.B) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give Quebecor an average recommendation of “Moderate Buy” (6 buys, 4 holds) with a one‑year average target of C$58.95, and several firms recently raised targets to about C$60–63.
• The stock is trading near its 52‑week high (opened C$58.71; high C$60.24) after reporting C$0.99 quarterly EPS and C$1.55B revenue with ~13% net margin and 37.4% ROE, but it carries a very high debt‑to‑equity ratio (363.97), a notable risk.

Shares of Quebecor, Inc. (TSE:QBR.B - Get Free Report) have earned an average recommendation of "Moderate Buy" from the ten analysts that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$58.95.

Several analysts recently commented on the company. Canaccord Genuity Group upgraded Quebecor from a "hold" rating to a "buy" rating and raised their target price for the company from C$51.25 to C$60.00 in a research report on Monday, March 2nd. ATB Cormark Capital Markets boosted their price target on Quebecor from C$57.00 to C$63.00 and gave the stock an "outperform" rating in a research report on Friday, February 27th. Desjardins increased their price target on Quebecor from C$54.00 to C$61.00 and gave the stock a "buy" rating in a research note on Friday, February 27th. TD Securities lowered Quebecor from a "buy" rating to a "hold" rating and raised their price target for the company from C$58.00 to C$60.00 in a report on Friday, February 27th. Finally, BMO Capital Markets lifted their price objective on shares of Quebecor from C$58.00 to C$60.00 and gave the company an "outperform" rating in a research note on Friday, February 27th.

Quebecor Trading Up 0.1%

Quebecor stock opened at C$58.71 on Monday. Quebecor has a 52-week low of C$34.36 and a 52-week high of C$60.24. 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$13.31 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 1.43 and a beta of 0.87. The firm has a 50-day moving average price of C$53.48 and a two-hundred day moving average price of C$49.70.

Quebecor (TSE:QBR.B - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported C$0.99 EPS for the quarter. The company had revenue of C$1.55 billion for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%.

About Quebecor

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.

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