Quebecor (TSE:QBR) Receives Consensus Rating of “Buy” from Brokerages

Shares of Quebecor (TSE:QBR) have earned a consensus rating of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.

A number of research analysts have weighed in on QBR shares. TD Securities raised shares of Quebecor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Canaccord Genuity Group downgraded shares of Quebecor from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Finally, Raymond James Financial upgraded shares of Quebecor to a “hold” rating in a report on Wednesday, July 15th.

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.