TD Securities Boosts Quebecor (TSE:QBR.B) Price Target to C$40.00

Quebecor (TSE:QBR.B) had its price target increased by TD Securities from C$37.00 to C$40.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

QBR.B has been the subject of several other reports. BMO Capital Markets raised their price objective on Quebecor from C$35.00 to C$37.00 in a research note on Thursday, September 5th. Royal Bank of Canada raised their price target on Quebecor from C$35.00 to C$36.00 in a research report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of C$37.81.

Quebecor Trading Up 0.5 %

QBR.B stock opened at C$34.92 on Wednesday. The firm has a fifty day moving average price of C$32.63 and a 200 day moving average price of C$30.53. Quebecor has a fifty-two week low of C$27.25 and a fifty-two week high of C$35.20. The firm has a market cap of C$5.51 billion, a PE ratio of 11.02, a price-to-earnings-growth ratio of 1.43 and a beta of 0.38. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

Quebecor Company Profile

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.