Shares of Quebecor, Inc. (TSE:QBR.B - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$36.10 and traded as high as C$39.99. Quebecor shares last traded at C$39.79, with a volume of 567,234 shares.
Analysts Set New Price Targets
Several brokerages have issued reports on QBR.B. National Bankshares increased their target price on Quebecor from C$38.00 to C$40.00 and gave the company a "sector perform" rating in a research report on Friday, June 6th. Royal Bank Of Canada upped their target price on Quebecor from C$38.00 to C$41.00 and gave the company an "outperform" rating in a research report on Wednesday, April 9th. Scotiabank raised their price target on Quebecor from C$36.00 to C$36.50 and gave the stock a "sector perform" rating in a report on Wednesday, April 16th. TD Securities boosted their price target on Quebecor from C$44.00 to C$46.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Finally, Canaccord Genuity Group lifted their target price on shares of Quebecor from C$40.75 to C$43.25 in a research note on Thursday, July 10th.
Check Out Our Latest Research Report on Quebecor
Quebecor Stock Performance
The company has a market capitalization of C$6.29 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 1.43 and a beta of 0.39. The firm has a 50-day simple moving average of C$39.66 and a two-hundred day simple moving average of C$36.16. 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
(
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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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