Shares of Quebecor, Inc. (TSE:QBR.B – Get Free Report) have been given an average recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$63.71.
A number of brokerages recently commented on QBR.B. ATB Cormark Capital Markets upped their price target 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. TD Securities lowered shares of Quebecor from a “buy” rating to a “hold” rating and upped their price target for the company from C$58.00 to C$60.00 in a research note on Friday, February 27th. Royal Bank Of Canada upped their price target on shares of Quebecor from C$60.00 to C$64.00 and gave the company a “sector perform” rating in a research note on Friday. Scotia upped their price target on shares of Quebecor from C$54.50 to C$58.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, Canaccord Genuity Group upped their price target on shares of Quebecor from C$60.00 to C$68.00 and gave the company a “buy” rating in a research note on Friday.
Get Our Latest Report on Quebecor
Key Headlines Impacting Quebecor
- Positive Sentiment: Several brokers lifted their price targets after Quebecor’s Q1 results, with Canaccord Genuity, ATB Cormark, Desjardins, National Bank Financial, TD, and BMO all raising targets and, in most cases, keeping bullish ratings such as buy or outperform. Analyst ratings update
- Neutral Sentiment: Scotia and Royal Bank of Canada also raised their price targets, but both maintained more cautious sector perform ratings, suggesting some analysts see limited near-term upside even after the latest financial results. Analyst ratings update
- Positive Sentiment: The optimism follows Quebecor’s first-quarter 2026 earnings, which showed higher profit, EPS of C$0.97, and revenue of C$1.40 billion, with management benefiting from growth in average revenue per user. Q1 earnings coverage
- Neutral Sentiment: The company also amended its normal course issuer bid, a routine capital-management move that is not likely to be the main driver of the stock today. NCIB amendment
Quebecor Stock Up 5.3%
Quebecor stock opened at C$65.36 on Tuesday. The firm has a market capitalization of C$14.76 billion, a PE ratio of 18.41, a P/E/G ratio of 1.43 and a beta of 0.75. The company’s 50-day moving average is C$57.78 and its 200-day moving average is C$53.36. Quebecor has a fifty-two week low of C$36.68 and a fifty-two week high of C$65.44. The company has a debt-to-equity ratio of 363.97, a current ratio of 1.01 and a quick ratio of 0.35.
Quebecor (TSE:QBR.B – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported C$0.97 earnings per share for the quarter. The company had revenue of C$1.40 billion for the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%.
Quebecor Company Profile
Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.
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