Quebecor (TSE:QBR.B - Get Free Report) had its price target upped by equities research analysts at Canaccord Genuity Group from C$40.75 to C$43.25 in a research note issued on Thursday,BayStreet.CA reports. Canaccord Genuity Group's price objective points to a potential upside of 5.82% from the company's previous close.
A number of other research firms also recently commented on QBR.B. Scotiabank lifted their target price on Quebecor from C$36.00 to C$36.50 and gave the stock a "sector perform" rating in a report on Wednesday, April 16th. TD Securities lifted their target price on Quebecor from C$44.00 to C$46.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Royal Bank Of Canada lifted their target price on Quebecor from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a report on Wednesday, April 9th. Finally, National Bankshares lifted their target price on Quebecor from C$38.00 to C$40.00 and gave the stock a "sector perform" rating in a report on Friday, June 6th.
Read Our Latest Analysis on QBR.B
Quebecor Stock Down 1.5%
TSE QBR.B traded down C$0.61 during trading on Thursday, hitting C$40.87. The company's stock had a trading volume of 328,684 shares, compared to its average volume of 892,159. 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 company has a market cap of C$6.45 billion, a PE ratio of 12.89, a P/E/G ratio of 1.43 and a beta of 0.39. The business's 50 day simple moving average is C$39.32 and its 200-day simple moving average is C$35.72. Quebecor has a fifty-two week low of C$28.17 and a fifty-two week high of C$41.99.
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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