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

Quebecor Inc. (OTCMKTS:QBCRF) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

A number of research analysts have recently commented on QBCRF shares. TD Securities restated a “buy” rating on shares of Quebecor in a research note on Friday. Scotiabank reaffirmed a “sector perform” rating on shares of Quebecor in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Quebecor in a research report on Friday.

Quebecor Stock Performance

QBCRF opened at $47.05 on Monday. The business has a 50 day moving average of $42.09 and a 200-day moving average of $38.73. Quebecor has a 52 week low of $26.16 and a 52 week high of $47.05.

Quebecor (OTCMKTS:QBCRF) last released its earnings results on Thursday, May 14th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.02. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $982.02 million.

About Quebecor

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.