Quebecor Inc. (OTCMKTS:QBCRF) Receives $39.33 Consensus PT from Analysts

Quebecor Inc. (OTCMKTS:QBCRF) has received a consensus rating of “Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $39.33.

A number of brokerages have recently issued reports on QBCRF. Royal Bank of Canada upped their price objective on shares of Quebecor from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, February 26th. Scotiabank upped their price objective on shares of Quebecor from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday, February 26th. Canaccord Genuity cut shares of Quebecor from a “buy” rating to a “hold” rating in a research note on Wednesday, January 6th. Finally, CIBC upped their price objective on shares of Quebecor from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, February 26th.

QBCRF stock opened at $27.21 on Monday. Quebecor has a one year low of $20.35 and a one year high of $29.55. The firm has a 50 day simple moving average of $26.84 and a two-hundred day simple moving average of $25.51.

About Quebecor

Quebecor Inc, through its subsidiaries, 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 and televisual products through its video-on-demand service and video rental stores.

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Analyst Recommendations for Quebecor (OTCMKTS:QBCRF)

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