Brokerages Set Quebecor, Inc. (TSE:QBR.B) Target Price at C$37.56

Shares of Quebecor, Inc. (TSE:QBR.B) have been assigned an average rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$37.56.

QBR.B has been the subject of a number of research reports. Royal Bank of Canada boosted their target price on shares of Quebecor from C$35.00 to C$36.00 in a research note on Friday, August 9th. BMO Capital Markets boosted their price objective on Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. TD Securities raised their target price on Quebecor from C$36.00 to C$38.00 in a research report on Thursday, October 10th. Finally, Scotiabank lowered Quebecor from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 10th.

Quebecor Stock Down 0.2 %

Shares of QBR.B opened at C$34.59 on Tuesday. The firm has a market cap of C$5.46 billion, a P/E ratio of 10.91, a PEG ratio of 1.43 and a beta of 0.39. Quebecor has a 12 month low of C$27.84 and a 12 month high of C$35.90. The stock’s 50 day moving average is C$34.48 and its two-hundred day moving average is C$31.30. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97.

Quebecor Company Profile

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.