Quebecor’s (TSE:QBR.B) Top Pick Rating Reaffirmed at Royal Bank Of Canada
Royal Bank Of Canada reiterated their top pick rating on shares of Quebecor, Inc. (TSE:QBR.B) in a research report report published on Wednesday, June 14th, StockTargetPrices.com reports. Royal Bank Of Canada currently has a C$46.00 target price on the stock.
Several other brokerages have also weighed in on QBR.B. TD Securities upped their target price on shares of 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. Scotiabank upped their target price on shares of Quebecor from C$47.00 to C$48.00 and gave the stock a focus stock rating in a research report on Monday, May 8th. CIBC upped their target price on shares of Quebecor from C$41.00 to C$43.00 in a research report on Thursday, March 16th. Finally, Canaccord Genuity upped their target price on shares of Quebecor from C$44.00 to C$47.00 and gave the stock a buy rating in a research report on Friday, May 12th. Four research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. The stock presently has an average rating of Buy and an average price target of C$46.33.
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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