Brokerages Set Quebecor, Inc. (TSE:QBR.B) Price Target at C$34.66

Quebecor, Inc. (TSE:QBR.BGet Rating) has received a consensus rating of “Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$34.66.

Several equities analysts have recently issued reports on the stock. Scotiabank boosted their price target on shares of Quebecor from C$32.00 to C$32.25 in a report on Tuesday, September 6th. National Bankshares raised shares of Quebecor to a “buy” rating and set a C$32.00 price objective for the company in a report on Sunday, June 19th. Royal Bank of Canada upped their price objective on shares of Quebecor from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a report on Friday, August 5th. Finally, TD Securities upped their price objective on shares of Quebecor from C$36.00 to C$40.00 and gave the stock a “buy” rating in a report on Friday, August 5th.

Quebecor Stock Performance

Shares of QBR.B opened at C$26.86 on Friday. Quebecor has a 1 year low of C$26.03 and a 1 year high of C$32.72. The company has a market cap of C$6.26 billion and a price-to-earnings ratio of 10.83. The company has a debt-to-equity ratio of 453.23, a quick ratio of 0.35 and a current ratio of 0.70. The firm has a fifty day moving average of C$28.27 and a 200-day moving average of C$28.88.

Quebecor Company Profile

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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.

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Analyst Recommendations for Quebecor (TSE:QBR.B)

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