Quebecor (TSE:QBR.B) Downgraded by TD Securities to “Hold”

TD Securities lowered shares of Quebecor (TSE:QBR.B) from a buy rating to a hold rating in a research report sent to investors on Friday,BayStreet.CA reports. They currently have C$60.00 target price on the stock, up from their previous target price of C$58.00.

QBR.B has been the topic of a number of other reports. Desjardins increased their price target on Quebecor from C$54.00 to C$61.00 and gave the stock a “buy” rating in a research report on Friday. Scotiabank raised their target price on Quebecor from C$51.25 to C$54.50 and gave the company a “sector perform” rating in a research note on Friday. National Bank Financial upped their price target on shares of Quebecor from C$54.00 to C$57.00 and gave the stock a “sector perform” rating in a research report on Friday. Canadian Imperial Bank of Commerce lifted their price objective on shares of Quebecor from C$57.00 to C$61.00 and gave the company an “outperform” rating in a research report on Friday. Finally, BMO Capital Markets boosted their target price on shares of Quebecor from C$47.00 to C$53.00 in a research note on Monday, November 10th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Quebecor currently has an average rating of “Moderate Buy” and a consensus price target of C$58.08.

Quebecor Stock Performance

Shares of Quebecor stock traded up C$2.61 during trading hours on Friday, reaching C$56.41. The company’s stock had a trading volume of 2,932,286 shares, compared to its average volume of 791,374. Quebecor has a one year low of C$32.57 and a one year high of C$57.77. The company’s 50 day simple moving average is C$51.37 and its 200 day simple moving average is C$47.73. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The stock has a market cap of C$12.89 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 1.43 and a beta of 0.63.

Quebecor (TSE:QBR.B) last announced its quarterly earnings data on Thursday, February 26th. The company reported C$0.99 earnings per share for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%. The business had revenue of C$1.55 billion during the quarter.

More Quebecor News

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: BMO Capital Markets raised its price target to C$60.00 and kept an “Outperform” rating — another institutional upgrade supporting near-term upside. BMO Raise
• Positive Sentiment: Canadian Imperial Bank of Commerce lifted its target to C$61.00 and set an “Outperform” rating — one of several banks increasing targets today. CIBC Raise (BayStreet) CIBC Raise (TickerReport)
• Positive Sentiment: ATB Cormark bumped its target to C$63.00 and kept an “Outperform” call — the most bullish target among the recent updates. ATB Cormark Raise
• Positive Sentiment: Desjardins raised its target to C$61.00 and issued a “Buy” — another vote of confidence from sell‑side analysts. Desjardins Raise
• Positive Sentiment: Quebecor reported Q4 / FY2025 results: C$0.99 EPS and C$1.55B revenue, with ROE ~37.4% and net margin ~13% — solid profitability metrics that likely reinforced analyst upgrades. Earnings Release
• Positive Sentiment: Broker consensus summarized as “Moderate Buy” — broader analyst sentiment trending constructive. Consensus Note
• Neutral Sentiment: RBC raised its target to C$57.00 but maintains a “Sector Perform” rating (minimal implied upside). RBC Update
• Neutral Sentiment: National Bank lifted its target to C$57.00 and kept “Sector Perform” — an incremental move with limited directional impact. National Bank Update
• Negative Sentiment: Scotiabank increased its target to C$54.50 but kept “Sector Perform” — the target implies a small downside versus the current price. Scotiabank Update
• Negative Sentiment: TD Securities downgraded Quebecor from “Buy” to “Hold” despite raising its target to C$60.00 — a mixed signal that could temper enthusiasm from some investors. TD Downgrade

Quebecor Company Profile

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.