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

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

Several brokerages have weighed in on QBCRF. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Quebecor in a research report on Friday, May 15th. TD Securities reissued a “buy” rating on shares of Quebecor in a report on Monday. Finally, Scotiabank reissued a “sector perform” rating on shares of Quebecor in a report on Friday, May 15th.

Quebecor Price Performance

QBCRF stock opened at $48.32 on Tuesday. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.94 and a quick ratio of 0.76. Quebecor has a 12-month low of $26.93 and a 12-month high of $48.90. The stock’s 50 day simple moving average is $45.91 and its 200 day simple moving average is $41.53.

Quebecor (OTCMKTS:QBCRF) last issued its earnings results on Thursday, May 14th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.02. Quebecor had a return on equity of 33.84% and a net margin of 15.55%.The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $982.02 million.

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.