Quebecor, Inc. (QBR.B) Receives C$50.88 Consensus Target Price from Brokerages

Quebecor, Inc. (TSE:QBR.B) has been given a consensus rating of “Buy” by the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$50.88.

Several equities research analysts have commented on QBR.B shares. Royal Bank Of Canada downgraded shares of Quebecor from a “top pick” rating to an “outperform” rating and upped their price objective for the company from C$46.00 to C$49.00 in a report on Friday, August 11th. Scotiabank upped their price objective on shares of Quebecor from C$53.00 to C$54.00 and gave the company a “focus stock” rating in a report on Friday, August 11th. Barclays PLC upped their price objective on shares of Quebecor from C$49.00 to C$51.00 in a report on Friday, August 11th. TD Securities upped their price objective on shares of Quebecor from C$50.00 to C$53.00 and gave the company an “action list buy” rating in a report on Wednesday, June 14th. Finally, BMO Capital Markets upped their price objective on shares of Quebecor from C$47.50 to C$50.00 in a report on Friday, August 11th.

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About Quebecor

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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