Quebecor (TSE:QBR.A) Sets New 12-Month High – Still a Buy?

Quebecor, Inc. (TSE:QBR.A) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$67.00 and last traded at C$66.80, with a volume of 377 shares traded. The stock had previously closed at C$66.20.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upped their price target on Quebecor from C$63.00 to C$69.00 in a research report on Friday, May 15th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Quebecor currently has an average rating of “Hold” and a consensus price target of C$56.13.

Quebecor Price Performance

The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The firm has a 50-day moving average of C$59.10 and a 200-day moving average of C$54.82. The stock has a market cap of C$16.20 billion, a PE ratio of 20.25, a PEG ratio of 1.44 and a beta of 0.78.

Quebecor Company Profile

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. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.