Quebecor (TSE:QBR.B) Price Target Raised to C$40.00

Quebecor ( TSE:QBR.B – Free Report ) had its price objective increased by CIBC from C$39.00 to C$40.

00 in a report published on Friday morning, BayStreet.CA reports. Several other equities analysts have also recently issued reports on QBR.



B. Scotiabank cut Quebecor from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 10th. TD Securities reduced their price target on Quebecor from C$40.

00 to C$39.00 and set a “buy” rating on the stock in a research note on Friday. Royal Bank of Canada cut their price target on Quebecor from C$38.

00 to C$37.00 in a research note on Friday. Finally, BMO Capital Markets boosted their price objective on shares of Quebecor from C$35.

00 to C$37.00 in a report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock.

According to MarketBeat.com, Quebecor currently has a consensus rating of “Moderate Buy” and an average target price of C$37.94.

Check Out Our Latest Stock Report on QBR.B Quebecor Stock Performance Quebecor Company Profile ( Get Free Report ) Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.

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