Quebecor (TSE:QBR) Rating Increased to Hold at Raymond James Financial

Raymond James Financial upgraded shares of Quebecor (TSE:QBR) to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

Several other brokerages have also issued reports on QBR. TD Securities upgraded shares of Quebecor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. National Bank Financial raised Quebecor from a “hold” rating to a “strong-buy” rating in a report on Sunday, April 12th. Finally, Canaccord Genuity Group cut Quebecor from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

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.