Quebecor Inc. (OTCMKTS:QBCRF) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Quebecor Inc. (OTCMKTS:QBCRF) have earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

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

Quebecor Stock Performance

Shares of Quebecor stock opened at $45.18 on Wednesday. The business has a 50-day simple moving average of $45.32 and a 200-day simple moving average of $45.46. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.54 and a current ratio of 0.68. Quebecor has a one year low of $30.47 and a one year high of $49.05. The company has a market cap of $10.11 billion and a PE ratio of 30.95.

Quebecor (OTCMKTS:QBCRF) last issued its earnings results on Thursday, August 6th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $997.78 million. Quebecor had a net margin of 16.30% and a return on equity of 33.21%. On average, equities research analysts forecast that Quebecor will post 3.04 EPS for the current fiscal year.

About Quebecor

Quebecor Inc is a Canadian communications, media and entertainment company headquartered in Montreal, Quebec. Through its subsidiaries, the company provides telecommunications, media and cultural products and services primarily in Quebec and elsewhere in Canada.

Quebecor’s telecommunications operations are conducted mainly through Videotron, which offers cable television, internet access, wireless communications, landline telephone services and business telecommunications solutions. Videotron serves residential, commercial and institutional customers, with operations concentrated in Quebec and expanded service capabilities in other Canadian markets.

The company’s media activities include television production and broadcasting, news and magazine publishing, digital media, film distribution and book publishing.