Quebecor Inc. (OTCMKTS:QBCRF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

QBCRF has been the subject of several analyst reports. Royal Bank Of Canada downgraded shares of Quebecor from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, October 15th. Scotiabank reiterated a “sector perform” rating on shares of Quebecor in a research note on Monday, January 12th. Finally, TD Securities reissued a “buy” rating on shares of Quebecor in a research note on Monday, December 8th.

Quebecor Stock Performance

Shares of QBCRF opened at $36.24 on Wednesday. The business has a fifty day moving average of $36.86 and a 200 day moving average of $32.94. Quebecor has a 52-week low of $21.85 and a 52-week high of $38.04.

About Quebecor

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.