Quebecor (TSE:QBR) Receives Average Rating of “Buy” from Analysts

Shares of Quebecor (TSE:QBR) have been given an average rating of “Buy” by the six ratings firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.

A number of analysts have recently issued reports on the stock. National Bank Financial raised shares of Quebecor from a “hold” rating to a “strong-buy” rating in a report on Sunday, April 12th. Raymond James Financial raised Quebecor to a “hold” rating in a research note on Wednesday, July 15th. Canaccord Genuity Group downgraded Quebecor from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Finally, TD Securities raised Quebecor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th.

Quebecor Price Performance

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation. The company’s Media segment is involved in the operation of over-the-air television network and specialty television services; provides soundstage and equipment rental, and post-production services for the film and television industries; prints, publishes, and distributes daily newspapers; operates news and entertainment digital platforms and a music streaming service; publishes and distributes magazines; produces and distributes audiovisual content; and operates an out-of-home advertising business.