Quebecor, Inc. (QBR.B) PT Raised to C$54.00 at CIBC

Quebecor, Inc. (TSE:QBR.B) had its target price boosted by analysts at CIBC from C$47.00 to C$54.00 in a report issued on Monday. CIBC’s price objective would suggest a potential upside of 10.47% from the company’s current price.

QBR.B has been the subject of a number of other research reports. TD Securities increased their target price on shares of Quebecor from C$53.00 to C$54.00 in a research report on Friday, August 11th. Scotiabank increased their target price on shares of Quebecor from C$54.00 to C$58.00 and gave the stock a “focus stock” rating in a research report on Thursday, November 2nd. BMO Capital Markets increased their target price on shares of Quebecor from C$47.50 to C$50.00 in a research report on Friday, August 11th. Royal Bank Of Canada increased their target price on shares of Quebecor from C$49.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Finally, Desjardins downgraded shares of Quebecor from a “buy” rating to a “hold” rating and increased their target price for the stock from C$48.00 to C$54.00 in a research report on Friday, November 10th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Quebecor has a consensus rating of “Buy” and an average price target of C$54.33.

Shares of Quebecor (TSE QBR.B) opened at C$48.88 on Monday. Quebecor has a 1 year low of C$35.31 and a 1 year high of C$50.00.

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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.

Analyst Recommendations for Quebecor (TSE:QBR.B)

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