Quebecor Inc. (OTCMKTS:QBCRF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

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

Several equities research analysts recently commented on QBCRF shares. TD Securities reiterated a “buy” rating on shares of Quebecor in a research report on Monday, December 8th. Scotiabank restated a “sector perform” rating on shares of Quebecor in a research report on Monday, January 12th.

Quebecor Trading Down 2.8%

QBCRF opened at $39.15 on Friday. Quebecor has a one year low of $22.63 and a one year high of $40.49. The business’s fifty day moving average is $37.30 and its two-hundred day moving average is $34.31.

About Quebecor

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.