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

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

A number of brokerages have recently commented on QBCRF. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a report on Friday, August 7th. TD Securities reaffirmed a “buy” rating on shares of Quebecor in a research report on Friday, August 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Quebecor in a report on Friday, July 10th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Quebecor in a research report on Friday, August 7th. Finally, Raymond James Financial initiated coverage on shares of Quebecor in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company.

Quebecor Stock Up 1.5%

Quebecor stock opened at $45.12 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.39. Quebecor has a 1-year low of $29.38 and a 1-year high of $49.05. The firm’s fifty day simple moving average is $47.32 and its 200-day simple moving average is $44.50. The company has a market capitalization of $10.10 billion and a P/E ratio of 30.90.

Quebecor (OTCMKTS:QBCRF) last posted its earnings results on Thursday, August 6th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). Quebecor had a return on equity of 34.04% and a net margin of 16.30%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $997.78 million.

Quebecor Company Profile

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.