Quebecor, Inc. (TSE:QBR.B) Given New C$51.00 Price Target at Barclays PLC
Quebecor, Inc. (TSE:QBR.B) had its price target upped by stock analysts at Barclays PLC from C$49.00 to C$51.00 in a note issued to investors on Friday.
A number of other equities research analysts have also issued reports on QBR.B. TD Securities restated an “action list buy” rating and issued a C$50.00 price target on shares of Quebecor in a research report on Monday, April 17th. Scotiabank upped their price objective on Quebecor from C$48.00 to C$50.00 and gave the company a “focus stock” rating in a report on Sunday, May 21st. BMO Capital Markets upped their price objective on Quebecor from C$47.50 to C$50.00 in a report on Friday. Canaccord Genuity upped their price objective on Quebecor from C$44.00 to C$47.00 and gave the company a “buy” rating in a report on Friday, May 12th. Finally, Royal Bank Of Canada reiterated a “top pick” rating and issued a C$46.00 price objective on shares of Quebecor in a report on Wednesday, June 14th. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Quebecor has a consensus rating of “Buy” and a consensus target price of C$50.22.
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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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