Quebecor, Inc. (TSE:QBR.B) Given Average Rating of “Buy” by Brokerages
Shares of Quebecor, Inc. (TSE:QBR.B) have been assigned a consensus rating of “Strong Buy” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$46.33.
QBR.B has been the topic of a number of research analyst reports. TD Securities reissued an “action list buy” rating and issued a C$50.00 target price on shares of Quebecor in a research report on Monday, April 17th. Royal Bank Of Canada upped their price objective on Quebecor from C$44.00 to C$45.00 and gave the stock a “top pick” rating in a research report on Thursday, March 16th. CIBC upped their price objective on Quebecor from C$41.00 to C$43.00 in a research report on Thursday, March 16th. Scotiabank upped their price objective on Quebecor from C$47.00 to C$48.00 and gave the stock a “focus stock” rating in a research report on Monday, May 8th. Finally, Canaccord Genuity upped their price objective on Quebecor from C$44.00 to C$47.00 and gave the stock a “buy” rating in a research report on Friday, May 12th.
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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.
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