Quebecor, Inc. (TSE:QBR.B - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$41.86 and last traded at C$41.82, with a volume of 382160 shares trading hands. The stock had previously closed at C$41.51.
Analysts Set New Price Targets
QBR.B has been the topic of a number of recent research reports. National Bankshares upped their price target on Quebecor from C$38.00 to C$40.00 and gave the company a "sector perform" rating in a research report on Friday, June 6th. TD Securities upped their price target on Quebecor from C$44.00 to C$46.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Royal Bank Of Canada upped their price target on Quebecor from C$38.00 to C$41.00 and gave the company an "outperform" rating in a research report on Wednesday, April 9th. Scotiabank upped their price target on Quebecor from C$36.00 to C$36.50 and gave the company a "sector perform" rating in a research report on Wednesday, April 16th. Finally, Canaccord Genuity Group increased their price objective on Quebecor from C$40.75 to C$43.25 in a report on Thursday.
Check Out Our Latest Stock Report on Quebecor
Quebecor Price Performance
The firm has a market capitalization of C$6.44 billion, a P/E ratio of 12.88, 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 quick ratio of 0.35 and a current ratio of 1.01. The business has a 50 day simple moving average of C$39.44 and a two-hundred day simple moving average of C$35.89.
Quebecor Company Profile
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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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