Quebecor (TSE:QBR.B) PT Raised to C$40.00

Quebecor (TSE:QBR.B) had its target price lifted by TD Securities from C$37.00 to C$40.00 in a research note published on Wednesday, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Several other research firms also recently issued reports on QBR.B. BMO Capital Markets upped their target price on Quebecor from C$35.00 to C$37.00 in a research report on Thursday, September 5th. Royal Bank of Canada increased their price objective on Quebecor from C$35.00 to C$36.00 in a report on Friday, August 9th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of C$37.81.

Quebecor Stock Up 0.5 %

TSE:QBR.B opened at C$34.92 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. Quebecor has a twelve month low of C$27.25 and a twelve month high of C$35.20. The company has a market cap of C$5.51 billion, a PE ratio of 11.02, a P/E/G ratio of 1.43 and a beta of 0.38. The company’s 50 day moving average is C$32.63 and its two-hundred day moving average is C$30.53.

Quebecor Company Profile

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