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

Quebecor, Inc. (TSE:QBR.B) had its target price lifted by research analysts at Canaccord Genuity from C$44.00 to C$47.00 in a research report issued to clients and investors on Friday, May 12th. The firm presently has a “buy” rating on the stock.

A number of other research firms have also recently weighed in on QBR.B. Scotiabank upped their price objective on shares of Quebecor from C$47.00 to C$48.00 and gave the company a “focus stock” rating in a research report on Monday, May 8th. TD Securities reissued an “action list buy” rating and issued a C$50.00 price objective on shares of Quebecor in a research report on Monday, April 17th. CIBC upped their price objective on shares of Quebecor from C$41.00 to C$43.00 in a research report on Thursday, March 16th. Finally, Royal Bank Of Canada upped their price objective on shares of Quebecor from C$44.00 to C$45.00 and gave the company a “top pick” rating in a research report on Thursday, March 16th. Four analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Quebecor currently has an average rating of “Buy” and an average price target of C$46.33.

Analyst Recommendations for Quebecor (TSE:QBR.B)

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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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