Quebecor, Inc. (QBR.B) PT Raised to C$56.00
Quebecor, Inc. (TSE:QBR.B) had its price target increased by equities research analysts at National Bank Financial from C$53.00 to C$56.00 in a report issued on Monday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 14.57% from the stock’s current price.
Other research analysts have also issued reports about the company. Canaccord Genuity raised their target price on Quebecor from C$47.00 to C$50.00 and gave the stock a “buy” rating in a research report on Friday, August 11th. CIBC raised their target price on Quebecor from C$43.00 to C$47.00 and gave the stock an “outperform” rating in a research report on Friday, August 11th. TD Securities lowered Quebecor from an “action list buy” rating to a “buy” rating and raised their target price for the stock from C$54.00 to C$56.00 in a research report on Friday, November 10th. Barclays PLC raised their target price on Quebecor from C$49.00 to C$51.00 in a research report on Friday, August 11th. Finally, Desjardins lowered Quebecor from a “buy” rating to a “hold” rating and raised their target price for the stock from C$48.00 to C$54.00 in a research report on Friday, November 10th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of C$54.33.
Quebecor (TSE:QBR.B) opened at C$48.88 on Monday. Quebecor has a 12-month low of C$35.31 and a 12-month high of C$50.00.
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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