Several other equities analysts have also weighed in on QBR.B. Scotiabank raised their target price on Quebecor from C$50.00 to C$53.00 and gave the company a focus stock rating in a report on Friday, August 4th. TD Securities raised their target price on Quebecor from C$53.00 to C$54.00 in a report on Friday, August 11th. BMO Capital Markets raised their target price on Quebecor from C$47.50 to C$50.00 in a report on Friday, August 11th. National Bank Financial raised their target price on Quebecor from C$48.00 to C$52.00 and gave the company an outperform rating in a report on Friday, August 11th. Finally, CIBC raised their target price on Quebecor from C$43.00 to C$47.00 and gave the company an outperform rating in a report on Friday, August 11th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of C$54.33.
Quebecor (TSE QBR.B) traded down C$0.28 during midday trading on Monday, reaching C$48.95. The company’s stock had a trading volume of 280,090 shares, compared to its average volume of 186,887. Quebecor has a one year low of C$35.31 and a one year high of C$50.00.
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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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