Quebecor Inc. (OTCMKTS:QBCRF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Quebecor Inc. (OTCMKTS:QBCRFGet Free Report) have received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several brokerages have commented on QBCRF. Royal Bank Of Canada restated a “sector perform” rating on shares of Quebecor in a research report on Friday, August 7th. TD Securities reaffirmed a “buy” rating on shares of Quebecor in a report on Friday, August 7th. Raymond James Financial initiated coverage on Quebecor in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Quebecor in a report on Friday, July 10th. Finally, Scotiabank restated a “sector perform” rating on shares of Quebecor in a research report on Friday, August 7th.

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Quebecor Stock Performance

QBCRF opened at $45.09 on Friday. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.76 and a current ratio of 0.94. Quebecor has a 52-week low of $30.45 and a 52-week high of $49.05. The firm has a market cap of $10.09 billion and a P/E ratio of 30.88. The business’s fifty day moving average is $46.49 and its 200-day moving average is $45.07.

Quebecor (OTCMKTS:QBCRFGet Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $997.78 million. Quebecor had a net margin of 16.30% and a return on equity of 34.04%.

Quebecor Company Profile

(Get Free Report)

Quebecor Inc is a Canadian telecommunications and media company headquartered in Montreal, Quebec. Through its Videotron subsidiary, the company provides wireless, internet, television and landline telephone services, primarily in Quebec and other parts of Canada. Its offerings include mobile communications, broadband connectivity, cable television and related digital services.

Quebecor also operates media and entertainment businesses through Quebecor Media and its affiliated companies.

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Analyst Recommendations for Quebecor (OTCMKTS:QBCRF)

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