Quebecor, Inc. (TSE:QBR.B - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$33.63 and traded as high as C$36.77. Quebecor shares last traded at C$36.34, with a volume of 374,092 shares traded.
Analysts Set New Price Targets
QBR.B has been the subject of a number of analyst reports. Royal Bank of Canada increased their price objective on shares of 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 increased 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. TD Securities increased their price objective on shares of Quebecor from C$39.00 to C$40.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. CIBC reduced their price objective on shares of Quebecor from C$40.00 to C$39.00 in a research note on Monday, February 10th. Finally, National Bankshares reduced their price objective on shares of Quebecor from C$40.00 to C$38.00 and set an "outperform" rating for the company in a research note on Friday, January 3rd.
Get Our Latest Stock Report on Quebecor
Quebecor Stock Up 1.3 %
The firm has a market cap of C$5.85 billion, a PE ratio of 11.70, a P/E/G 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 business's 50-day simple moving average is C$35.59 and its 200 day simple moving average is C$33.67.
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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