Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$34.48 and traded as high as C$39.21. Quebecor shares last traded at C$38.95, with a volume of 537,931 shares.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. National Bankshares raised their price objective 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. Royal Bank of Canada raised their price target 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. Scotiabank lifted their price target on Quebecor from C$36.00 to C$36.50 and gave the company a "sector perform" rating in a report on Wednesday, April 16th. Finally, TD Securities cut 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 report on Friday, May 9th.
Get Our Latest Analysis on QBR.B
Quebecor Stock Up 0.8%
The firm has a market capitalization of C$6.27 billion, a PE ratio of 12.54, a price-to-earnings-growth ratio of 1.43 and a beta of 0.39. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. The firm has a 50-day moving average of C$37.33 and a two-hundred day moving average of C$34.58.
Quebecor Company Profile
(
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.
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