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

Quebecor Inc. (OTCMKTS:QBCRF) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Several analysts recently issued reports on the stock. Scotiabank restated a “sector perform” rating on shares of Quebecor in a report on Friday, May 15th. TD Securities restated a “buy” rating on shares of Quebecor in a report on Friday, May 15th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Quebecor in a research note on Friday, May 15th.

Quebecor Stock Performance

Shares of QBCRF opened at $48.69 on Friday. Quebecor has a 12-month low of $26.93 and a 12-month high of $48.90. The company’s 50-day moving average price is $43.52 and its 200 day moving average price is $40.16.

Quebecor (OTCMKTS:QBCRF) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.02. The company had revenue of $1 billion during the quarter, compared to analysts’ expectations 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.