Raymond James Financial Analysts Give Quebecor (TSE:QBR.A) a C$72.00 Price Target

Raymond James Financial set a C$72.00 target price on Quebecor (TSE:QBR.A) in a research report released on Thursday morning,BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.

Separately, JPMorgan Chase & Co. raised their price objective on Quebecor from C$63.00 to C$69.00 in a research note on Friday, May 15th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$61.42.

Quebecor Price Performance

QBR.A stock opened at C$66.70 on Thursday. Quebecor has a fifty-two week low of C$37.16 and a fifty-two week high of C$71.89. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The stock has a market capitalization of C$15.03 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.44 and a beta of 0.73. The business’s fifty day moving average price is C$67.17 and its two-hundred day moving average price is C$59.07.

Quebecor (TSE:QBR.A) last announced its earnings results on Thursday, May 14th. The company reported C$0.97 earnings per share (EPS) for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%. The company had revenue of C$1.40 billion during the quarter. On average, equities analysts anticipate that Quebecor will post 3.4726027 earnings per share for the current year.

Quebecor Company Profile

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.