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

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

A number of equities research analysts have recently issued reports on QBCRF shares. Royal Bank Of Canada cut shares of Quebecor from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, October 15th. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a research note on Monday, November 10th. National Bankshares reaffirmed an “outperform” rating on shares of Quebecor in a research note on Wednesday, September 17th. Finally, TD Securities reiterated a “buy” rating on shares of Quebecor in a report on Monday, December 8th.

Quebecor Trading Down 0.2%

Shares of OTCMKTS QBCRF opened at $37.68 on Friday. Quebecor has a one year low of $20.64 and a one year high of $38.01. The firm’s 50 day simple moving average is $36.13 and its two-hundred day simple moving average is $32.17.

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.