Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$38.74 and traded as high as C$44.22. Quebecor shares last traded at C$43.80, with a volume of 574,760 shares trading hands.
Analyst Ratings Changes
Several analysts have issued reports on QBR.B shares. TD Securities upped their target price on Quebecor from C$44.00 to C$46.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. BMO Capital Markets upgraded Quebecor from a "market perform" rating to an "outperform" rating and upped their target price for the company from C$40.00 to C$47.00 in a report on Thursday, September 4th. Desjardins dropped their target price on Quebecor from C$44.00 to C$43.00 and set a "buy" rating for the company in a report on Friday, August 8th. Canaccord Genuity Group upped their target price on Quebecor from C$40.75 to C$43.25 in a report on Thursday, July 10th. Finally, National Bankshares upgraded Quebecor from a "sector perform" rating to an "outperform" rating and set a C$42.00 target price for the company in a report on Tuesday, August 12th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$42.22.
Check Out Our Latest Stock Analysis on QBR.B
Quebecor Trading Up 0.2%
The firm has a market capitalization of C$10.05 billion, a PE ratio of 13.11, a PEG ratio of 1.43 and a beta of 0.64. 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 has a fifty day moving average price of C$40.73 and a two-hundred day moving average price of C$38.74.
About Quebecor
(
Get Free Report)
Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec.
Further Reading
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
