Shares of Quebecor, Inc. (TSE:QBR.B) have been given a consensus rating of “Strong Buy” by the eleven research firms that are currently covering the firm. Three equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$42.91.
Several equities analysts have recently issued reports on QBR.B shares. National Bank Financial lowered their price target on Quebecor from C$44.50 to C$43.00 in a research report on Friday, November 4th. TD Securities restated an “action list buy” rating and issued a C$43.00 target price on shares of Quebecor in a report on Tuesday, December 6th. Scotiabank decreased their target price on Quebecor from C$46.00 to C$45.00 and set a “focus stock” rating on the stock in a report on Friday, November 4th. Finally, Royal Bank Of Canada upgraded Quebecor from an “outperform” rating to a “top pick” rating and lifted their target price for the stock from C$43.00 to C$44.00 in a report on Monday, January 9th.
Quebecor Inc is a holding company that holds interests in Quebecor Media Inc (Quebecor Media). The Company operates in the industry segments, including Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services in Canada, and is engaged in the rental of movies, televisual products and video games.