Royal Bank of Canada Issues Pessimistic Forecast for Quebecor (TSE:QBR.B) Stock Price

Quebecor ( TSE:QBR.B – Free Report ) had its price objective trimmed by Royal Bank of Canada from C$38.00 to C$37.

00 in a report published on Friday morning, BayStreet.CA reports. A number of other brokerages have also issued reports on QBR.



B. BMO Capital Markets increased their price objective on Quebecor from C$35.00 to C$37.

00 in a report on Thursday, September 5th. Scotiabank cut shares of Quebecor from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 10th. Finally, TD Securities reduced their price objective on shares of Quebecor from C$40.

00 to C$39.00 and set a “buy” rating for the company in a report on Friday. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock.

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

Read Our Latest Stock Report on QBR.B Quebecor Trading Down 0.2 % 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. See Also Five stocks we like better than Quebecor Stock Trading Terms – Stock Terms Every Investor Needs to Know 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion Comparing and Trading High PE Ratio Stocks Monday.com’s Manic Price Pullback Is a Signal to Buy What Are the U.

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