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

Shares of Quebecor, Inc. (TSE:QBR.B) have been given an average rating of “Moderate Buy” by the twelve ratings firms that are currently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$67.79.

A number of equities analysts recently issued reports on QBR.B shares. Desjardins raised their price target on Quebecor from C$66.00 to C$72.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. TD upped their price objective on Quebecor from C$69.00 to C$78.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Scotiabank increased their price objective on Quebecor from C$58.00 to C$63.50 and gave the stock a “sector perform” rating in a research report on Tuesday, July 7th. Scotia lifted their target price on Quebecor from C$54.50 to C$58.00 and gave the company a “sector perform” rating in a research note on Friday, May 15th. Finally, Canaccord Genuity Group downgraded Quebecor from a “buy” rating to a “hold” rating and set a C$68.00 target price on the stock. in a research note on Friday, July 10th.

Quebecor Stock Down 1.3%

Shares of TSE:QBR.B opened at C$65.34 on Friday. Quebecor has a 1-year low of C$36.68 and a 1-year high of C$70.75. 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 cap of C$14.72 billion, a P/E ratio of 17.02, a P/E/G ratio of 1.43 and a beta of 0.68. The firm has a fifty day moving average price of C$67.35 and a 200 day moving average price of C$59.32.

Quebecor (TSE:QBR.B) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.97 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 for the quarter.

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.