Quebecor, Inc. (TSE:QBR.B - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$37.94.
A number of analysts have recently commented on the stock. BMO Capital Markets cut shares of Quebecor from an "outperform" rating to a "market perform" rating and dropped their target price for the company from C$42.00 to C$33.00 in a report on Tuesday, April 2nd. Canaccord Genuity Group cut their price objective on shares of Quebecor from C$35.00 to C$34.50 and set a "buy" rating on the stock in a report on Friday, February 23rd. National Bankshares lowered their target price on shares of Quebecor from C$40.00 to C$38.00 and set an "outperform" rating for the company in a report on Wednesday, April 17th. Royal Bank of Canada cut their price target on Quebecor from C$36.00 to C$35.00 and set a "sector perform" rating on the stock in a research note on Wednesday, April 10th. Finally, Scotiabank lowered their price objective on Quebecor from C$38.50 to C$37.00 and set an "outperform" rating for the company in a research note on Wednesday, April 17th.
View Our Latest Stock Analysis on QBR.B
Quebecor Trading Up 0.2 %
QBR.B traded up C$0.05 on Tuesday, hitting C$29.00. 568,447 shares of the company were exchanged, compared to its average volume of 457,699. The company has a debt-to-equity ratio of 444.48, a quick ratio of 0.35 and a current ratio of 0.66. The firm has a fifty day simple moving average of C$29.96 and a two-hundred day simple moving average of C$30.68. The stock has a market capitalization of C$4.47 billion, a PE ratio of 10.34, a price-to-earnings-growth ratio of 1.84 and a beta of 0.38. Quebecor has a 12 month low of C$27.25 and a 12 month high of C$35.05.
About Quebecor
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Get Free ReportQuebecor 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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