Quebecor (TSE:QBR.B) Given New C$69.00 Price Target at TD

Quebecor (TSE:QBR.B) had its price objective lifted by TD from C$63.00 to C$69.00 in a report published on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently weighed in on QBR.B. BMO Capital Markets raised their target price on Quebecor from C$58.00 to C$60.00 and gave the company an “outperform” rating in a report on Friday, February 27th. 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 report on Friday, February 27th. Canadian Imperial Bank of Commerce raised their target price on Quebecor from C$61.00 to C$66.00 in a report on Tuesday, April 7th. ATB Cormark Capital Markets raised their target price on Quebecor from C$57.00 to C$63.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Royal Bank Of Canada raised their target price on Quebecor from C$57.00 to C$60.00 and gave the company a “sector perform” rating in a report on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Quebecor currently has an average rating of “Moderate Buy” and an average target price of C$63.71.

Quebecor Trading Up 5.3%

Shares of TSE:QBR.B opened at C$65.36 on Friday. The company has a market capitalization of C$14.76 billion, a P/E ratio of 18.41, a P/E/G ratio of 1.43 and a beta of 0.75. Quebecor has a 1 year low of C$36.68 and a 1 year high of C$65.44. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35. The business’s 50 day simple moving average is C$57.78 and its 200 day simple moving average is C$53.36.

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

Quebecor News Roundup

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

About Quebecor

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.