Quebecor, Inc. (TSE:QBR.B) Receives Consensus Rating of “Moderate Buy” from Brokerages

Quebecor, Inc. (TSE:QBR.B) has received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$65.04.

QBR.B has been the topic of several recent analyst reports. Scotia lifted their price objective on shares of Quebecor from C$54.50 to C$58.00 and gave the company a “sector perform” rating in a research report on Friday, May 15th. ATB Cormark Capital Markets lifted their price objective on shares of Quebecor from C$63.00 to C$69.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Canadian Imperial Bank of Commerce boosted their price target on shares of Quebecor from C$61.00 to C$66.00 in a research report on Tuesday, April 7th. National Bank Financial boosted their price target on shares of Quebecor from C$67.00 to C$74.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 23rd. Finally, BMO Capital Markets boosted their price target on shares of Quebecor from C$63.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th.

Quebecor Trading Down 0.2%

Quebecor stock opened at C$67.69 on Wednesday. The stock has a market cap of C$15.25 billion, a P/E ratio of 17.63, a PEG ratio of 1.43 and a beta of 0.64. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. Quebecor has a 1 year low of C$36.68 and a 1 year high of C$70.19. The firm’s 50 day moving average price is C$63.68 and its 200-day moving average price is C$57.37.

Quebecor (TSE:QBR.B) last released its quarterly earnings data on Thursday, May 14th. The company reported C$0.97 earnings per share (EPS) for the quarter. The firm had revenue of C$1.40 billion for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%.

Quebecor Company Profile

Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor’s subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services. Québec-based Quebecor (TSX: QBR.A) (TSX: QBR.B) employs more than 11,000 people in Canada. A family business founded in 1950, Quebecor is strongly committed to the community.