Quebecor (TSE:QBR) Receives Consensus Rating of “Buy” from Analysts

Shares of Quebecor (TSE:QBR) have received a consensus recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company.

Several analysts have weighed in on the company. Canaccord Genuity Group cut Quebecor from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. TD Securities raised Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Raymond James Financial upgraded Quebecor to a “hold” rating in a research note on Wednesday. Finally, National Bank Financial upgraded Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Sunday, April 12th.

Quebecor Price Performance

Quebecor Company Profile

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation. The company’s Media segment is involved in the operation of over-the-air television network and specialty television services; provides soundstage and equipment rental, and post-production services for the film and television industries; prints, publishes, and distributes daily newspapers; operates news and entertainment digital platforms and a music streaming service; publishes and distributes magazines; produces and distributes audiovisual content; and operates an out-of-home advertising business.