Quebecor Inc. (OTCMKTS:QBCRF) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Quebecor Inc. (OTCMKTS:QBCRF) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several analysts have issued reports on QBCRF shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Quebecor in a research note on Friday, August 7th. Zacks Research upgraded shares of Quebecor to a “hold” rating in a research report on Monday, October 12th. TD Securities restated a “buy” rating on shares of Quebecor in a research report on Friday, August 7th. Scotiabank reaffirmed a “sector perform” rating on shares of Quebecor in a report on Friday, August 7th. Finally, Raymond James Financial upgraded Quebecor from a “market perform” rating to an “outperform” rating in a research report on Monday, September 14th.

Quebecor Trading Up 1.4%

Shares of Quebecor stock opened at $54.10 on Friday. Quebecor has a 12-month low of $33.80 and a 12-month high of $54.60. The company has a market cap of $12.11 billion and a price-to-earnings ratio of 37.05. The company has a current ratio of 0.68, a quick ratio of 0.54 and a debt-to-equity ratio of 2.01. The company’s 50-day moving average price is $45.89 and its 200-day moving average price is $44.40.

Quebecor (OTCMKTS:QBCRF) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.83 by $0.11. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Quebecor had a net margin of 17.19% and a return on equity of 34.31%. On average, equities analysts expect that Quebecor will post 3.07 earnings per share for the current fiscal year.

About Quebecor

Quebecor is a Montreal-based communications and media company founded in 1965 by Pierre Péladeau. Its operations span telecommunications, television, news and publishing, with most of its business focused on Quebec and additional services and media activities in other Canadian markets.

Through Videotron, Quebecor provides cable television, internet, mobile and business telecommunications services. Its media operations include TVA Group’s television channels and production activities, as well as newspapers such as Le Journal de Montréal and Le Journal de Québec, alongside publishing and digital media businesses.

Pierre Karl Péladeau, the founder’s son, serves as president and chief executive officer.