Analysts Set Quebecor, Inc. (QBR.B) PT at $42.55
Shares of Quebecor, Inc. (TSE:QBR.B) have earned an average recommendation of “Buy” from the twelve ratings firms that are covering the company. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$42.55.
Several research analysts recently weighed in on the company. Scotiabank lowered their price objective on Quebecor from C$46.00 to C$45.00 and set a “focus stock” rating for the company in a research report on Friday, November 4th. TD Securities upgraded Quebecor from a “buy” rating to an “action list buy” rating and set a C$43.00 price target on the stock in a research note on Friday, November 4th. Desjardins upped their price target on Quebecor from C$44.00 to C$45.00 in a research note on Thursday, August 11th. RBC Capital Markets upped their price target on Quebecor from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Saturday, August 6th. Finally, CIBC upped their price target on Quebecor from C$40.00 to C$41.00 in a research note on Saturday, August 6th.
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Quebecor Company Profile
Quebecor Inc is a holding company that holds interests in Quebecor Media Inc (Quebecor Media). The Company operates in the industry segments, including Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services in Canada, and is engaged in the rental of movies, televisual products and video games.
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