National Bank Financial Issues Positive Forecast for Quebecor (TSE:QBR.B) Stock Price

Quebecor (TSE:QBR.B) had its target price hoisted by National Bank Financial from C$59.00 to C$67.00 in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research firms also recently commented on QBR.B. Canadian Imperial Bank of Commerce upped their target price on Quebecor from C$61.00 to C$66.00 in a research report on Tuesday, April 7th. TD upped their target price on Quebecor from C$63.00 to C$69.00 and gave the company a “buy” rating in a research report on Friday. Royal Bank Of Canada upped their target price on Quebecor from C$57.00 to C$60.00 and gave the company a “sector perform” rating in a research report on Thursday, April 9th. Desjardins set a C$61.00 target price on Quebecor and gave the company a “buy” rating in a research report on Tuesday, April 7th. Finally, ATB Cormark Capital Markets upped their target price on Quebecor from C$57.00 to C$63.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$63.71.

Quebecor Trading Up 5.3%

Shares of QBR.B stock opened at C$65.36 on Friday. Quebecor has a 12-month low of C$36.68 and a 12-month high of C$65.44. The company has a market capitalization of C$14.76 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 1.43 and a beta of 0.75. The firm has a 50 day moving average price of C$57.78 and a two-hundred day moving average price of C$53.36. The company has a quick ratio of 0.35, a current ratio of 1.01 and a debt-to-equity ratio of 363.97.

Quebecor (TSE:QBR.B) last posted its earnings results on Thursday, May 14th. The company reported C$0.97 EPS for the quarter. Quebecor had a return on equity of 37.44% and a net margin of 12.99%.The company had revenue of C$1.40 billion for the quarter.

Key Quebecor News

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: Several brokers lifted their price targets after Quebecor’s Q1 results, with Canaccord Genuity, ATB Cormark, Desjardins, National Bank Financial, TD, and BMO all raising targets and, in most cases, keeping bullish ratings such as buy or outperform. Analyst ratings update
• Neutral Sentiment: Scotia and Royal Bank of Canada also raised their price targets, but both maintained more cautious sector perform ratings, suggesting some analysts see limited near-term upside even after the latest financial results. Analyst ratings update
• Positive Sentiment: The optimism follows Quebecor’s first-quarter 2026 earnings, which showed higher profit, EPS of C$0.97, and revenue of C$1.40 billion, with management benefiting from growth in average revenue per user. Q1 earnings coverage
• Neutral Sentiment: The company also amended its normal course issuer bid, a routine capital-management move that is not likely to be the main driver of the stock today. NCIB amendment

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.