Royal Bank Of Canada Issues Positive Forecast for Quebecor (TSE:QBR.B) Stock Price

Quebecor (TSE:QBR.B) had its price objective lifted by Royal Bank Of Canada from C$60.00 to C$64.00 in a research report released on Friday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other research firms also recently commented on QBR.B. Desjardins increased their price objective on Quebecor from C$61.00 to C$66.00 and gave the company a “buy” rating in a report on Friday. BMO Capital Markets increased their price objective on Quebecor from C$63.00 to C$67.00 and gave the company an “outperform” rating in a report on Friday. Scotiabank increased their price objective on Quebecor from C$51.25 to C$54.50 and gave the company a “sector perform” rating in a report on Friday, February 27th. Scotia increased their price objective on Quebecor from C$54.50 to C$58.00 and gave the company a “sector perform” rating in a report on Friday. Finally, TD Securities downgraded Quebecor from a “buy” rating to a “hold” rating and increased their price objective for the company from C$58.00 to C$60.00 in a report on Friday, February 27th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Quebecor presently has a consensus rating of “Moderate Buy” and a consensus target price of C$63.71.

Quebecor Stock Performance

Shares of Quebecor stock opened at C$65.36 on Friday. Quebecor has a one year low of C$36.68 and a one year high of C$65.44. The company has a market cap of C$14.76 billion, a PE ratio of 18.41, a P/E/G ratio of 1.43 and a beta of 0.75. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The business has a 50-day simple moving average of C$57.78 and a 200-day simple moving average of C$53.36.

Quebecor (TSE:QBR.B) last announced its quarterly earnings data on Thursday, May 14th. The company reported C$0.97 EPS for the quarter. Quebecor had a return on equity of 37.44% and a net margin of 12.99%.The business had revenue of C$1.40 billion during the quarter.

Key Headlines Impacting Quebecor

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: Several brokers lifted their price targets after Quebecor’s Q1 results, with Canaccord Genuity, ATB Cormark, Desjardins, National Bank Financial, TD, and BMO all raising targets and, in most cases, keeping bullish ratings such as buy or outperform. Analyst ratings update
• Neutral Sentiment: Scotia and Royal Bank of Canada also raised their price targets, but both maintained more cautious sector perform ratings, suggesting some analysts see limited near-term upside even after the latest financial results. Analyst ratings update
• Positive Sentiment: The optimism follows Quebecor’s first-quarter 2026 earnings, which showed higher profit, EPS of C$0.97, and revenue of C$1.40 billion, with management benefiting from growth in average revenue per user. Q1 earnings coverage
• Neutral Sentiment: The company also amended its normal course issuer bid, a routine capital-management move that is not likely to be the main driver of the stock today. NCIB amendment

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.