Quebecor Inc. (OTCMKTS:QBCRF) Given Average Recommendation of “Moderate Buy” by Analysts

Quebecor Inc. (OTCMKTS:QBCRF) has received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company.

A number of equities research analysts recently weighed in on the stock. TD Securities restated a “buy” rating on shares of Quebecor in a report on Monday, June 29th. Raymond James Financial assumed coverage on Quebecor in a research note on Wednesday, July 15th. They set a “market perform” rating for the company. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a report on Tuesday, July 7th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Quebecor in a research note on Friday, July 10th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Quebecor in a report on Friday, May 15th.

Quebecor Stock Performance

Shares of QBCRF stock opened at $46.47 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.39. The firm has a fifty day simple moving average of $48.14 and a two-hundred day simple moving average of $42.87. Quebecor has a 12 month low of $26.93 and a 12 month high of $49.00. The firm has a market capitalization of $10.47 billion and a PE ratio of 67.35.

Quebecor (OTCMKTS:QBCRF) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.02. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $982.02 million. Quebecor had a net margin of 15.55% and a return on equity of 33.84%.

Quebecor Company Profile

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.