Quebecor, Inc. (TSE:QBR.B - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$39.43 and last traded at C$39.39, with a volume of 108508 shares. The stock had previously closed at C$38.61.
Wall Street Analysts Forecast Growth
QBR.B has been the topic of several recent analyst reports. Scotiabank raised their target price on Quebecor from C$36.00 to C$36.50 and gave the stock a "sector perform" rating in a research note on Wednesday, April 16th. CIBC cut their target price on Quebecor from C$40.00 to C$39.00 in a research note on Monday, February 10th. TD Securities cut their target price on Quebecor from C$45.00 to C$44.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Finally, Royal Bank of Canada raised their target price on Quebecor from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 9th.
Get Our Latest Stock Report on QBR.B
Quebecor Price Performance
The stock has a market cap of C$6.27 billion, a P/E ratio of 12.53, 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 firm has a 50-day moving average price of C$37.10 and a 200-day moving average price of C$34.32.
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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