Quebecor Inc. (OTCMKTS:QBCRF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Quebecor Inc. (OTCMKTS:QBCRF) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several analysts recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Quebecor in a research report on Friday, May 15th. TD Securities restated a “buy” rating on shares of Quebecor in a research note on Monday, June 29th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Quebecor in a report on Friday, May 15th.

Quebecor Price Performance

Shares of QBCRF stock remained flat at $49.00 during trading hours on Tuesday. The stock had a trading volume of 350,112 shares, compared to its average volume of 92,963. The firm’s fifty day simple moving average is $46.42 and its 200 day simple moving average is $41.83. The firm has a market capitalization of $11.04 billion and a price-to-earnings ratio of 71.01. Quebecor has a one year low of $26.93 and a one year high of $49.00. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.76 and a current ratio of 0.94.

Quebecor (OTCMKTS:QBCRF) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.02. Quebecor had a net margin of 15.55% and a return on equity of 33.84%. The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $982.02 million.

About Quebecor

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.