Quebecor, Inc. (QBR.B) Given Average Rating of “Buy” by Analysts
Quebecor, Inc. (TSE:QBR.B) has received a consensus rating of “Buy” from the twelve analysts that are presently covering the firm. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$43.14.
QBR.B has been the subject of a number of recent research reports. Desjardins raised their price target on Quebecor from C$44.00 to C$45.00 in a research note on Thursday, August 11th. CIBC raised their price target on Quebecor from C$40.00 to C$41.00 in a research note on Saturday, August 6th. TD Securities downgraded Quebecor from an “action list buy” rating to a “buy” rating and set a C$46.00 price target for the company. in a research note on Tuesday, July 12th. Barclays PLC raised their price target on Quebecor from C$42.00 to C$45.00 and gave the stock an “overweight” rating in a research note on Saturday, August 6th. Finally, Scotiabank reaffirmed a “focus stock” rating and set a C$47.00 price target on shares of Quebecor in a research note on Monday, August 8th.
Quebecor Company Profile
Quebecor Inc is a holding company that holds interests in Quebecor Media Inc (Quebecor Media). The Company operates in the industry segments, including Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services in Canada, and is engaged in the rental of movies, televisual products and video games.
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