Quebecor, Inc. (TSE:QBR.B) Given Consensus Rating of “Moderate Buy” by Analysts

Quebecor, Inc. (TSE:QBR.B) has received an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$42.59.

QBR.B has been the subject of a number of research analyst reports. National Bankshares increased their price target on Quebecor from C$42.00 to C$45.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Canaccord Genuity Group increased their price target on Quebecor from C$40.75 to C$43.25 in a report on Thursday, July 10th. TD Securities increased their price target on Quebecor from C$44.00 to C$46.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Desjardins lowered their price target 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. Finally, BMO Capital Markets upgraded Quebecor from a “market perform” rating to an “outperform” rating and increased their price target for the stock from C$40.00 to C$47.00 in a report on Thursday, September 4th.

Quebecor Stock Down 0.1%

Shares of TSE:QBR.B opened at C$44.78 on Monday. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. The business has a fifty day moving average of C$41.57 and a two-hundred day moving average of C$39.42. The stock has a market cap of C$10.28 billion, a P/E ratio of 13.41, a PEG ratio of 1.43 and a beta of 0.64. Quebecor has a 52-week low of C$30.02 and a 52-week high of C$45.31.

About Quebecor

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.