Scotiabank Raises Quebecor, Inc. (QBR.B) Price Target to C$58.00

Quebecor, Inc. (TSE:QBR.B) had its price target lifted by Scotiabank from C$54.00 to C$58.00 in a report published on Thursday. Scotiabank currently has a focus stock rating on the stock.

QBR.B has been the topic of a number of other reports. TD Securities lifted their target price on Quebecor from C$53.00 to C$54.00 in a research report on Friday, August 11th. BMO Capital Markets lifted their target price on Quebecor from C$47.50 to C$50.00 in a research report on Friday, August 11th. Royal Bank Of Canada downgraded Quebecor from a top pick rating to an outperform rating and lifted their target price for the stock from C$46.00 to C$49.00 in a research report on Friday, August 11th. Barclays PLC lifted their target price on Quebecor from C$49.00 to C$51.00 in a research report on Friday, August 11th. Finally, National Bank Financial lifted their target price on Quebecor from C$48.00 to C$52.00 and gave the stock an outperform rating in a research report on Friday, August 11th. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Quebecor currently has a consensus rating of Buy and an average price target of C$51.38.

Shares of Quebecor (TSE:QBR.B) opened at C$48.54 on Thursday. Quebecor has a 1 year low of C$35.31 and a 1 year high of C$49.39.

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About Quebecor

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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