Quebecor, Inc. (QBR.B) PT Raised to C$47.00

Quebecor, Inc. (TSE:QBR.B) had its target price upped by CIBC from C$43.00 to C$47.00 in a report released on Friday morning. The firm currently has an outperform rating on the stock.

Several other brokerages also recently weighed in on QBR.B. National Bank Financial upped their price objective on Quebecor from C$48.00 to C$52.00 and gave the stock an outperform rating in a research report on Friday. TD Securities upped their target price on Quebecor from C$53.00 to C$54.00 in a report on Friday. Scotiabank upped their target price on Quebecor from C$47.00 to C$48.00 and gave the stock a focus stock rating in a report on Monday, May 8th. Royal Bank Of Canada upped their target price on Quebecor from C$45.00 to C$46.00 and gave the stock a top pick rating in a report on Monday, May 15th. Finally, Canaccord Genuity upped their target price on Quebecor from C$44.00 to C$47.00 and gave the stock a buy rating in a report on Friday, May 12th. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of C$50.88.

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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.

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