Quebecor (TSE:QBR.B) Given New C$28.50 Price Target at BMO Capital Markets

Quebecor (TSE:QBR.B) had its price objective boosted by BMO Capital Markets from C$27.50 to C$28.50 in a research note published on Thursday, March 15th.

QBR.B has been the topic of a number of other reports. National Bank Financial boosted their target price on Quebecor from C$28.00 to C$29.00 and gave the stock an outperform rating in a research report on Thursday, March 15th. CIBC upped their price target 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, Barclays upped their price target on Quebecor from C$27.00 to C$29.00 in a research report on Thursday, March 15th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Quebecor has a consensus rating of Buy and an average target price of C$36.83.

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QBR.B stock traded down C$0.43 during trading on Thursday, reaching C$24.02. 196,695 shares of the company’s stock were exchanged, compared to its average volume of 412,298. Quebecor has a 1-year low of C$19.50 and a 1-year high of C$25.27.

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Quebecor Company Profile

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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