Quebecor (QBR.B) Reaches New 52-Week Low at $22.12

Quebecor, Inc. (TSE:QBR.B) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$22.12 and last traded at C$23.50, with a volume of 3411 shares traded. The stock had previously closed at C$23.57.

Several analysts have issued reports on QBR.B shares. CIBC upped their price objective on Quebecor from C$47.00 to C$54.00 in a research note on Monday, November 13th. Barclays upped their price objective on Quebecor from C$51.00 to C$53.00 in a research note on Monday, November 13th. BMO Capital Markets upped their price objective on Quebecor from C$50.00 to C$55.00 in a research note on Monday, November 13th. TD Securities cut Quebecor from an “action list buy” rating to a “buy” rating and upped their price objective for the company from C$54.00 to C$56.00 in a research note on Friday, November 10th. Finally, Desjardins upgraded Quebecor from a “hold” rating to a “buy” rating in a research note on Thursday, December 21st. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of C$54.33.

The firm has a market capitalization of $5,580.00, a price-to-earnings ratio of 10.60 and a beta of 0.50.

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Quebecor Company Profile

Quebecor Inc is a telecommunications and media company. The Company’s segments include Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions (including data centers), cable and mobile telephony and over-the-top video services in Canada.

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