Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as C$39.94 and last traded at C$39.82, with a volume of 793823 shares changing hands. The stock had previously closed at C$39.42.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Scotiabank lifted their price objective on shares of 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. Royal Bank of Canada raised their target price on shares of Quebecor from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a report on Wednesday, April 9th. TD Securities reduced their price objective on shares of Quebecor from C$45.00 to C$44.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Finally, National Bankshares raised their price objective on shares of Quebecor from C$38.00 to C$40.00 and gave the stock a "sector perform" rating in a research note on Friday, June 6th.
View Our Latest Stock Analysis on QBR.B
Quebecor Stock Up 1.0%
The business has a 50 day moving average of C$37.33 and a two-hundred day moving average of C$34.58. The stock has a market capitalization of C$6.28 billion, a PE ratio of 12.56, a PEG 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.
About Quebecor
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Quebecor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quebecor wasn't on the list.
While Quebecor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
