Quebecor (TSE:QBR.B) Price Target Raised to C$38.00 at TD Securities

Quebecor (TSE:QBR.B) had its target price increased by TD Securities from C$36.00 to C$38.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports.

Several other equities analysts also recently issued reports on the stock. Scotiabank downgraded shares of Quebecor from an outperform rating to a sector perform rating in a research note on Thursday. BMO Capital Markets upped their price objective on shares of Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. Finally, Royal Bank of Canada upped their target price on shares of Quebecor from C$35.00 to C$36.00 in a report on Friday, August 9th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Quebecor presently has an average rating of Moderate Buy and a consensus target price of C$37.56.

Quebecor Stock Performance

The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. The stock’s 50 day moving average price is C$33.71 and its two-hundred day moving average price is C$30.79. The firm has a market capitalization of C$5.56 billion, a P/E ratio of 11.12, a P/E/G ratio of 1.43 and a beta of 0.39. Quebecor has a 12 month low of C$27.25 and a 12 month 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.