Quebecor Inc. (OTCMKTS:QBCRF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Quebecor Inc. (OTCMKTS:QBCRF) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several analysts recently issued reports on the stock. Royal Bank Of Canada lowered shares of Quebecor from an “outperform” rating to a “sector perform” rating in a report on Wednesday, October 15th. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a research note on Monday, November 10th. National Bankshares restated an “outperform” rating on shares of Quebecor in a report on Wednesday, September 17th. Finally, TD Securities reiterated a “buy” rating on shares of Quebecor in a report on Monday, December 8th.

Quebecor Stock Down 0.5%

Shares of Quebecor stock opened at $36.70 on Friday. Quebecor has a 52 week low of $21.01 and a 52 week high of $38.04. The business’s fifty day simple moving average is $36.66 and its 200-day simple moving average is $32.43.

Quebecor Company Profile

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.