Royal Bank of Canada Boosts Quebecor, Inc. (QBR.B) Price Target to C$45.00
Quebecor, Inc. (TSE:QBR.B) had its price target hoisted by Royal Bank of Canada from C$44.00 to C$45.00 in a research report released on Thursday, StockTargetPrices.com reports. Royal Bank of Canada currently has a top pick rating on the stock.
A number of other analysts also recently issued reports on the company. CIBC raised their target price on Quebecor from C$41.00 to C$43.00 in a research note on Thursday, March 16th. Scotiabank raised their price objective on Quebecor from C$45.00 to C$47.00 and gave the stock a focus stock rating in a research report on Friday, February 24th. Finally, TD Securities raised their price objective on Quebecor from C$43.00 to C$46.00 and gave the stock an action list buy rating in a research report on Tuesday, February 14th. Four research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The company has an average rating of Buy and an average target price of C$45.11.
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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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