Quebecor, Inc. (TSE:QBR.B) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Quebecor, Inc. (TSE:QBR.B) have earned an average recommendation of “Moderate Buy” from the twelve analysts that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$63.71.

QBR.B has been the subject of a number of analyst reports. Canadian Imperial Bank of Commerce increased their price target on Quebecor from C$61.00 to C$66.00 in a report on Tuesday, April 7th. National Bank Financial increased their price target on Quebecor from C$59.00 to C$67.00 and gave the company an “outperform” rating in a report on Friday, May 15th. ATB Cormark Capital Markets increased their price target on Quebecor from C$63.00 to C$69.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Scotiabank increased their price target on Quebecor from C$51.25 to C$54.50 and gave the company a “sector perform” rating in a report on Friday, February 27th. Finally, Scotia increased their price target on Quebecor from C$54.50 to C$58.00 and gave the company a “sector perform” rating in a report on Friday, May 15th.

Quebecor Trading Down 0.5%

TSE:QBR.B opened at C$68.88 on Friday. The business’s 50-day moving average is C$61.08 and its two-hundred day moving average is C$56.01. 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 12 month low of C$36.68 and a 12 month high of C$70.19. The firm has a market capitalization of C$15.52 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.43 and a beta of 0.64.

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