Desjardins Issues Positive Forecast for Quebecor (TSE:QBR.B) Stock Price

Quebecor (TSE:QBR.B) had its price objective upped by Desjardins from C$72.00 to C$76.00 in a research note issued to investors on Friday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Other analysts have also issued research reports about the stock. ATB Cormark Capital Markets lifted their price objective on shares of Quebecor from C$63.00 to C$69.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Canadian Imperial Bank of Commerce upped their target price on shares of Quebecor from C$67.00 to C$78.00 in a research note on Friday, July 10th. BMO Capital Markets raised their price target on shares of Quebecor from C$63.00 to C$67.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Canaccord Genuity Group downgraded shares of Quebecor from a “buy” rating to a “hold” rating and set a C$68.00 price target on the stock. in a research note on Friday, July 10th. Finally, TD boosted their price objective on shares of Quebecor from C$78.00 to C$80.00 and gave the stock a “buy” rating in a report on Friday. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$69.71.

Quebecor Stock Performance

Shares of TSE:QBR.B opened at C$68.61 on Friday. The company has a market cap of C$15.46 billion, a P/E ratio of 17.87, a PEG ratio of 1.43 and a beta of 0.69. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. Quebecor has a one year low of C$36.94 and a one year high of C$70.75. The business’s 50-day simple moving average is C$67.24 and its 200 day simple moving average is C$60.37.

Quebecor (TSE:QBR.B) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.97 earnings per share for the quarter. The firm had revenue of C$1.40 billion during the quarter. Quebecor had a return on equity of 37.44% and a net margin of 12.99%.

Quebecor News Summary

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: TD raised its price target from C$78 to C$80 and upgraded Quebecor to “buy,” implying 17.1% upside from the referenced price. BayStreet.CA analyst ratings
• Positive Sentiment: Desjardins increased its target from C$72 to C$76 and maintained a “buy” rating, pointing to 11.2% potential upside. TickerReport analyst ratings
• Positive Sentiment: ATB Cormark raised its target sharply from C$69 to C$77 and assigned an “outperform” rating, representing 12.7% potential upside. BayStreet.CA analyst ratings
• Positive Sentiment: Quebecor announced a dividend increase following a strong second quarter, supporting the income-investment case and signaling confidence in cash generation. Quebecor dividend increase report
• Positive Sentiment: The company released second-quarter and first-half 2026 results for the periods ended June 30, giving investors an updated view of operating performance. The accompanying coverage described the quarter as strong. Quebecor second-quarter 2026 results
• Neutral Sentiment: Royal Bank of Canada raised its target from C$70 to C$71 but kept a “sector perform” rating, indicating limited expected upside.
• Negative Sentiment: Scotia lifted its target from C$63.50 to C$66 but retained a “sector perform” rating; the new target remains below the referenced market price, providing a valuation counterweight to the more bullish calls.

About Quebecor

Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor’s subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services. Québec-based Quebecor (TSX: QBR.A) (TSX: QBR.B) employs more than 11,000 people in Canada. A family business founded in 1950, Quebecor is strongly committed to the community.