Quebecor (TSE:QBR – Get Free Report) was upgraded by investment analysts at Raymond James Financial to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.
Several other equities analysts also recently weighed in on the company. National Bank Financial raised Quebecor from a “hold” rating to a “strong-buy” rating in a research report on Sunday, April 12th. TD Securities upgraded Quebecor from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Finally, Canaccord Genuity Group cut shares of Quebecor from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Three analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.
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Quebecor Price Performance
Quebecor Company Profile
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.
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