Quebecor (TSE:QBR.B) Given New C$40.00 Price Target at TD Securities

Quebecor (TSE:QBR.B) had its price target upped by TD Securities from C$39.00 to C$40.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

QBR.B has been the topic of a number of other reports. National Bankshares decreased their target price on Quebecor from C$40.00 to C$38.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Scotiabank dropped their price objective on shares of Quebecor from C$38.00 to C$37.00 in a research report on Tuesday, November 26th. Royal Bank of Canada upgraded shares of Quebecor from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$37.00 to C$39.00 in a research note on Wednesday, December 18th. Finally, CIBC raised their price objective on shares of Quebecor from C$39.00 to C$40.00 in a research report on Friday, November 8th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Quebecor currently has an average rating of “Moderate Buy” and an average target price of C$37.93.

Quebecor Trading Down 0.2 %

Quebecor stock opened at C$31.86 on Thursday. The stock has a 50-day simple moving average of C$31.75 and a 200 day simple moving average of C$32.41. The stock has a market capitalization of C$5.03 billion, a P/E ratio of 10.05, a PEG ratio of 1.43 and a beta of 0.39. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. Quebecor has a 52 week low of C$27.84 and a 52 week high of C$35.90.

Quebecor Company Profile

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.