Analysts’ Recent Ratings Changes for Quebecor (QBR.B)

by · The Cerbat Gem

Several analysts have recently updated their ratings and price targets for Quebecor (TSE: QBR.B):

  • 11/26/2024 – Quebecor had its price target lowered by analysts at Scotiabank from C$38.00 to C$37.00.
  • 11/8/2024 – Quebecor had its price target lowered by analysts at TD Securities from C$40.00 to C$39.00. They now have a “buy” rating on the stock.
  • 11/8/2024 – Quebecor had its price target raised by analysts at CIBC from C$39.00 to C$40.00.
  • 11/8/2024 – Quebecor had its price target lowered by analysts at Royal Bank of Canada from C$38.00 to C$37.00.
  • 10/10/2024 – Quebecor was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating.
  • 10/10/2024 – Quebecor had its price target raised by analysts at TD Securities from C$36.00 to C$38.00.

Quebecor Trading Up 1.0 %

Shares of QBR.B stock traded up C$0.33 on Thursday, hitting C$32.65. 65,798 shares of the stock traded hands, compared to its average volume of 704,375. The firm’s 50-day moving average price is C$34.14 and its two-hundred day moving average price is C$31.72. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The stock has a market capitalization of C$5.15 billion, a PE ratio of 10.30, a PEG ratio of 1.43 and a beta of 0.39. Quebecor, Inc. has a twelve month low of C$27.84 and a twelve month high of C$35.90.

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.

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