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

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several equities analysts have recently weighed in on QBCRF shares. Scotiabank reiterated a “sector perform” rating on shares of Quebecor in a research report on Friday, May 15th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Quebecor in a research report on Friday, May 15th. Finally, TD Securities reiterated a “buy” rating on shares of Quebecor in a research report on Friday, May 15th.

Quebecor Stock Performance

Shares of Quebecor stock opened at $48.87 on Friday. Quebecor has a 52-week low of $26.93 and a 52-week high of $48.90. The stock’s 50-day simple moving average is $44.11 and its 200 day simple moving average is $40.57.

Quebecor (OTCMKTS:QBCRF) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.69 earnings per share (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 the consensus estimate of $982.02 million.

Quebecor Company Profile

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.