Quebecor Inc. (OTCMKTS:QBCRF) Given Average Recommendation of “Moderate Buy” by Brokerages

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

A number of equities research analysts have recently commented on QBCRF shares. Royal Bank Of Canada downgraded Quebecor from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, October 15th. National Bankshares restated an “outperform” rating on shares of Quebecor in a report on Wednesday, September 17th. BMO Capital Markets raised shares of Quebecor from a “market perform” rating to an “outperform” rating in a research note on Thursday, September 4th. TD Securities reissued a “buy” rating on shares of Quebecor in a research report on Monday, December 8th. Finally, Scotiabank restated a “sector perform” rating on shares of Quebecor in a report on Monday, November 10th.

Quebecor Stock Up 0.6%

QBCRF stock opened at $37.61 on Tuesday. The company has a 50 day moving average price of $34.31 and a two-hundred day moving average price of $31.36. Quebecor has a one year low of $20.64 and a one year high of $37.82.

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. The Telecommunications segment offers internet access, television distribution, mobile and wireline telephony, business solutions, and over-the-top video services.