Quebecor (TSE:QBR.A) Given a C$72.00 Price Target by Raymond James Financial Analysts

Quebecor (TSE:QBR.A) received a C$72.00 price target from equities research analysts at Raymond James Financial in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James Financial’s price objective suggests a potential upside of 7.95% from the stock’s current price.

Separately, JPMorgan Chase & Co. lifted their price target on Quebecor from C$63.00 to C$69.00 in a report on Friday, May 15th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of C$61.42.

Quebecor Stock Performance

Shares of Quebecor stock remained flat at C$66.70 on Thursday. 719 shares of the stock traded hands, compared to its average volume of 1,189. The company’s 50 day moving average price is C$66.77 and its 200-day moving average price is C$58.91. The firm has a market cap of C$15.03 billion, a PE ratio of 17.37, a P/E/G ratio of 1.44 and a beta of 0.73. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97. Quebecor has a 52-week low of C$37.16 and a 52-week high of C$71.89.

Quebecor (TSE:QBR.A) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.97 earnings per share for the quarter. The firm had revenue of C$1.40 billion for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%. Research analysts expect that Quebecor will post 3.4726027 earnings per share for the current year.

About Quebecor

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.