Quebecor (TSE:QBR.B) Price Target Raised to C$29.00 at National Bank Financial

Quebecor (TSE:QBR.B) had its price objective upped by equities researchers at National Bank Financial from C$28.00 to C$29.00 in a research note issued to investors on Thursday, March 15th. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 20.73% from the stock’s current price.

Separately, Desjardins upgraded Quebecor from a “hold” rating to a “buy” rating in a report on Thursday, December 21st. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$36.83.

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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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About Quebecor

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.

Analyst Recommendations for Quebecor (TSE:QBR.B)

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