Quebecor (TSE:QBR) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Quebecor (TSE:QBR) to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

Several other analysts also recently issued reports on QBR. National Bank Financial upgraded Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Sunday, April 12th. TD Securities upgraded Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, Canaccord Genuity Group downgraded shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Quebecor presently has a consensus rating of “Buy”.

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.