Quebecor (TSE:QBR.B - Get Free Report) had its price objective decreased by equities research analysts at National Bankshares from C$38.00 to C$37.00 in a report released on Friday, BayStreet.CA reports. National Bankshares' price objective points to a potential upside of 20.68% from the company's previous close.
A number of other equities research analysts have also commented on QBR.B. Desjardins upped their target price on Quebecor from C$41.50 to C$42.00 and gave the company a "buy" rating in a research report on Friday, January 26th. Royal Bank of Canada lowered their price target on Quebecor from C$36.00 to C$35.00 and set a "sector perform" rating for the company in a report on Wednesday, April 10th. Canaccord Genuity Group lowered their price target on Quebecor from C$35.00 to C$34.50 and set a "buy" rating for the company in a report on Friday, February 23rd. TD Securities decreased their target price on Quebecor from C$43.00 to C$37.00 in a research note on Friday. Finally, BMO Capital Markets lowered Quebecor from an "outperform" rating to a "market perform" rating and reduced their price target for the company from C$42.00 to C$33.00 in a research report on Tuesday, April 2nd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$36.81.
Check Out Our Latest Research Report on Quebecor
Quebecor Price Performance
Shares of QBR.B stock traded up C$0.89 on Friday, reaching C$30.66. The company's stock had a trading volume of 689,231 shares, compared to its average volume of 462,533. The company has a current ratio of 0.66, a quick ratio of 0.35 and a debt-to-equity ratio of 444.48. The stock's fifty day simple moving average is C$29.80 and its 200-day simple moving average is C$30.69. The company has a market capitalization of C$4.72 billion, a price-to-earnings ratio of 10.95, a price-to-earnings-growth ratio of 1.84 and a beta of 0.37. Quebecor has a 1 year low of C$27.25 and a 1 year high of C$35.05.
Quebecor Company Profile
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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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