Canaccord Genuity Increases Quebecor, Inc. (QBR.B) Price Target to C$50.00
Quebecor, Inc. (TSE:QBR.B) had its price objective boosted by Canaccord Genuity from C$47.00 to C$50.00 in a research note issued on Friday. The firm presently has a “buy” rating on the stock.
Several other equities research analysts have also weighed in on the company. TD Securities reissued an “action list buy” rating and issued a C$50.00 price objective on shares of Quebecor in a report on Monday, April 17th. Scotiabank reissued a “focus stock” rating and issued a C$47.00 price objective on shares of Quebecor in a report on Friday, April 21st. Royal Bank Of Canada lifted their price objective on Quebecor from C$45.00 to C$46.00 and gave the stock a “top pick” rating in a report on Monday, May 15th. BMO Capital Markets lifted their price objective on Quebecor from C$47.50 to C$50.00 in a report on Friday. Finally, National Bank Financial lifted their price objective on Quebecor from C$48.00 to C$52.00 and gave the stock an “outperform” rating in a report on Friday. Four equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Quebecor has an average rating of “Buy” and a consensus target price of C$50.22.
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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