Quebecor (TSE:QBR.B) Price Target Raised to C$38.00 at TD Securities

Quebecor (TSE:QBR.B) had its target price upped by TD Securities from C$36.00 to C$38.00 in a research note released on Thursday, BayStreet.CA reports.

QBR.B has been the subject of a number of other reports. Scotiabank cut Quebecor from an outperform rating to a sector perform rating in a report on Thursday. Royal Bank of Canada boosted their price target on Quebecor from C$35.00 to C$36.00 in a research report on Friday, August 9th. Finally, BMO Capital Markets upped their target price on Quebecor from C$35.00 to C$37.00 in a research report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus price target of C$37.56.

Quebecor Trading Up 0.5 %

Shares of QBR.B stock opened at C$35.26 on Thursday. The business’s 50 day moving average is C$33.71 and its two-hundred day moving average is C$30.79. Quebecor has a twelve month low of C$27.25 and a twelve month high of C$35.90. The company has a market capitalization of C$5.56 billion, a P/E ratio of 11.12, a price-to-earnings-growth ratio of 1.43 and a beta of 0.39. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97.

About Quebecor

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.