Quebecor (TSE:QBR.B) had its price objective upped by TD Securities from C$28.00 to C$30.00 in a research note issued to investors on Thursday, March 15th. TD Securities currently has a buy rating on the stock.
A number of other analysts have also commented on QBR.B. BMO Capital Markets lifted their price target on Quebecor from C$27.50 to C$28.50 in a report on Thursday, March 15th. Barclays lifted their price target on Quebecor from C$27.00 to C$29.00 in a report on Thursday, March 15th. CIBC raised their target price on Quebecor from C$27.00 to C$28.00 in a research report on Thursday, March 15th. Desjardins raised Quebecor from a hold rating to a buy rating in a research report on Thursday, December 21st. Finally, Scotiabank lifted their price target on Quebecor from C$29.00 to C$30.00 and gave the company a focus stock rating in a research report on Thursday, March 15th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of C$36.83.
TSE:QBR.B traded down C$0.43 on Thursday, hitting C$24.02. The stock had a trading volume of 196,695 shares, compared to its average volume of 412,298. Quebecor has a 52 week low of C$19.50 and a 52 week high of C$25.27.
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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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