Quebecor, Inc. (QBR.B) Receives C$52.67 Consensus PT from Brokerages

Quebecor, Inc. (TSE:QBR.B) has been given an average rating of “Buy” by the nine brokerages that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$54.33.

QBR.B has been the topic of several research reports. BMO Capital Markets boosted their price target on shares of Quebecor from C$47.50 to C$50.00 in a research report on Friday, August 11th. TD Securities lifted their price objective on shares of Quebecor from C$53.00 to C$54.00 in a research note on Friday, August 11th. Barclays PLC lifted their price objective on shares of Quebecor from C$49.00 to C$51.00 in a research note on Friday, August 11th. CIBC lifted their price objective on shares of Quebecor from C$47.00 to C$54.00 in a research note on Monday, November 13th. Finally, Canaccord Genuity lifted their price objective on shares of Quebecor from C$47.00 to C$50.00 and gave the stock a “buy” rating in a research note on Friday, August 11th.

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Shares of Quebecor (TSE:QBR.B) traded up C$0.19 on Monday, reaching C$24.85. 242,304 shares of the company traded hands, compared to its average volume of 226,307. Quebecor has a 12 month low of C$24.31 and a 12 month high of C$50.00.

Quebecor Company Profile

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.

Analyst Recommendations for Quebecor (TSE:QBR.B)

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