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

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have been given a consensus recommendation of “Moderate Buy” by the five brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several equities research analysts have issued reports on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Quebecor in a research report on Friday, July 10th. TD Securities reiterated a “buy” rating on shares of Quebecor in a report on Friday, August 7th. Raymond James Financial raised Quebecor from a “market perform” rating to an “outperform” rating in a research report on Monday, September 14th. Scotiabank restated a “sector perform” rating on shares of Quebecor in a research note on Friday, August 7th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Quebecor in a research note on Friday, August 7th.

Quebecor Price Performance

Shares of QBCRF stock opened at $45.67 on Friday. Quebecor has a 52-week low of $30.45 and a 52-week high of $49.05. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.76 and a current ratio of 0.68. The firm has a market capitalization of $10.22 billion and a P/E ratio of 31.28. The stock has a 50 day moving average price of $46.25 and a 200 day moving average price of $45.28.

Quebecor (OTCMKTS:QBCRF) last issued its earnings results on Thursday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $997.78 million. Quebecor had a net margin of 16.30% and a return on equity of 33.21%.

Quebecor Company Profile

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.