Cormark Downgrades Quebecor to Buy (QBR.B)
The company also recently announced a Quarterly dividend, which is scheduled for Tuesday, September 9th. Stockholders of record on Tuesday, August 5th will be paid a dividend of $0.0229 per share. This represents a dividend yield of 0.38%. The ex-dividend date is Friday, August 1st.
Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities raised their price target on shares of Quebecor from C$35.00 to C$36.00 in a research note on Friday. They now have an “action list buy” rating on the stock. Separately, analysts at Canaccord Genuity downgraded shares of Quebecor to a “hold” rating in a research note on Thursday, July 17th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$33.00.
Quebecor Inc (TSE:QBR) is a holding company.
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