Quebecor (TSE:QBR.B) Given New C$54.50 Price Target at Scotiabank

Quebecor (TSE:QBR.B) had its price objective upped by Scotiabank from C$51.25 to C$54.50 in a research report released on Friday morning,BayStreet.CA reports. Scotiabank currently has a sector perform rating on the stock.

Several other brokerages also recently commented on QBR.B. National Bank Financial upped their price target on shares of Quebecor from C$54.00 to C$57.00 and gave the company a “sector perform” rating in a report on Friday. TD Securities raised their price target on Quebecor from C$49.00 to C$52.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Desjardins increased their target price on Quebecor from C$53.00 to C$54.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. set a C$56.00 target price on shares of Quebecor and gave the company an “overweight” rating in a research note on Monday, November 10th. Finally, Canaccord Genuity Group downgraded shares of Quebecor from a “buy” rating to a “hold” rating and raised their price target for the stock from C$50.00 to C$51.25 in a research note on Tuesday, January 13th. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$58.08.

Quebecor Trading Up 4.9%

Shares of TSE QBR.B traded up C$2.61 during trading hours on Friday, hitting C$56.41. 2,932,286 shares of the company traded hands, compared to its average volume of 791,374. The company’s 50 day moving average price is C$51.37 and its 200 day moving average price is C$47.73. Quebecor has a 12 month low of C$32.57 and a 12 month high of C$57.77. The stock has a market capitalization of C$12.89 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 1.43 and a beta of 0.63. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97.

Quebecor (TSE:QBR.B) last posted its quarterly earnings data on Thursday, February 26th. The company reported C$0.99 EPS for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%. The company had revenue of C$1.55 billion during the quarter.

More Quebecor News

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: BMO Capital Markets raised its price target to C$60.00 and kept an “Outperform” rating — another institutional upgrade supporting near-term upside. BMO Raise
• Positive Sentiment: Canadian Imperial Bank of Commerce lifted its target to C$61.00 and set an “Outperform” rating — one of several banks increasing targets today. CIBC Raise (BayStreet) CIBC Raise (TickerReport)
• Positive Sentiment: ATB Cormark bumped its target to C$63.00 and kept an “Outperform” call — the most bullish target among the recent updates. ATB Cormark Raise
• Positive Sentiment: Desjardins raised its target to C$61.00 and issued a “Buy” — another vote of confidence from sell‑side analysts. Desjardins Raise
• Positive Sentiment: Quebecor reported Q4 / FY2025 results: C$0.99 EPS and C$1.55B revenue, with ROE ~37.4% and net margin ~13% — solid profitability metrics that likely reinforced analyst upgrades. Earnings Release
• Positive Sentiment: Broker consensus summarized as “Moderate Buy” — broader analyst sentiment trending constructive. Consensus Note
• Neutral Sentiment: RBC raised its target to C$57.00 but maintains a “Sector Perform” rating (minimal implied upside). RBC Update
• Neutral Sentiment: National Bank lifted its target to C$57.00 and kept “Sector Perform” — an incremental move with limited directional impact. National Bank Update
• Negative Sentiment: Scotiabank increased its target to C$54.50 but kept “Sector Perform” — the target implies a small downside versus the current price. Scotiabank Update
• Negative Sentiment: TD Securities downgraded Quebecor from “Buy” to “Hold” despite raising its target to C$60.00 — a mixed signal that could temper enthusiasm from some investors. TD Downgrade

Quebecor Company Profile

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.