Quebecor (TSE:QBR) Receives Average Rating of “Buy” from Analysts

Quebecor (TSE:QBR) has earned an average recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company.

Several equities analysts recently issued reports on the stock. Canaccord Genuity Group cut shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Raymond James Financial raised shares of Quebecor to a “hold” rating in a research note on Wednesday. TD Securities upgraded Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, National Bank Financial raised Quebecor from a “hold” rating to a “strong-buy” rating in a report on Sunday, April 12th.

Quebecor Stock Performance

About Quebecor

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation. The company’s Media segment is involved in the operation of over-the-air television network and specialty television services; provides soundstage and equipment rental, and post-production services for the film and television industries; prints, publishes, and distributes daily newspapers; operates news and entertainment digital platforms and a music streaming service; publishes and distributes magazines; produces and distributes audiovisual content; and operates an out-of-home advertising business.