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

Quebecor Inc. (OTCMKTS:QBCRF) has received an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

QBCRF has been the subject of a number of recent research reports. TD Securities reissued a “buy” rating on shares of Quebecor in a research report on Monday, June 29th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Quebecor in a research note on Friday, July 10th. Raymond James Financial started coverage on shares of Quebecor in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. Royal Bank Of Canada reissued a “sector perform” rating on shares of Quebecor in a report on Friday, May 15th. Finally, Scotiabank restated a “sector perform” rating on shares of Quebecor in a research report on Tuesday, July 7th.

Quebecor Trading Up 1.0%

OTCMKTS QBCRF opened at $46.82 on Friday. The stock has a 50 day moving average of $48.05 and a 200-day moving average of $43.20. Quebecor has a 12 month low of $26.93 and a 12 month high of $49.00. The company has a market cap of $10.55 billion and a PE ratio of 67.86. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.39.

Quebecor (OTCMKTS:QBCRF) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $982.02 million. Quebecor had a net margin of 15.55% and a return on equity of 33.84%.

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.