Quebecor’s (QBR.B) Focus Stock Rating Reaffirmed at Scotiabank
Quebecor, Inc. (TSE:QBR.B)‘s stock had its “focus stock” rating reiterated by equities research analysts at Scotiabank in a report released on Friday. They presently have a C$47.00 price objective on the stock.
Several other research analysts have also recently commented on the stock. CIBC increased their target price on shares of Quebecor from C$41.00 to C$43.00 in a report on Thursday, March 16th. TD Securities reiterated an “action list buy” rating and issued a C$50.00 price target on shares of Quebecor in a research note on Monday. Finally, Royal Bank of Canada increased their price objective on shares of Quebecor from C$44.00 to C$45.00 and gave the company a “top pick” rating in a research report on Thursday, March 16th. Four analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$45.11.
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Quebecor Inc is a telecommunications and media company. The Company’s segments include Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions (including data centers), cable and mobile telephony and over-the-top video services in Canada.
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