Quebecor (TSE:QBR.B) had its price target upped by National Bank Financial from C$36.50 to C$37.50 in a research note issued to investors on Friday, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.
Other equities analysts have also recently issued reports about the stock. CIBC cut their target price on shares of Quebecor from C$35.00 to C$34.00 in a research note on Friday. BMO Capital Markets raised their target price on shares of Quebecor from C$36.00 to C$37.00 in a research note on Friday, May 10th. Finally, TD Securities cut their target price on shares of Quebecor from C$38.00 to C$37.00 and set a buy rating for the company in a research note on Friday, July 12th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Quebecor presently has an average rating of Buy and an average target price of C$35.21.
QBR.B opened at C$29.79 on Friday. The stock has a market capitalization of $5.32 billion and a PE ratio of 13.69. The company’s fifty day moving average is C$30.70. Quebecor has a fifty-two week low of C$25.12 and a fifty-two week high of C$33.61. The company has a quick ratio of 0.54, a current ratio of 0.79 and a debt-to-equity ratio of 930.98.
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.
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