TD Securities Increases Quebecor, Inc. (QBR.B) Price Target to C$46.00

Quebecor, Inc. (TSE:QBR.B) had its price target boosted by TD Securities from C$43.00 to C$46.00 in a research report issued on Tuesday. The firm currently has an “action list buy” rating on the stock.

A number of other brokerages have also recently issued reports on QBR.B. National Bank Financial reduced their price objective on Quebecor from C$44.50 to C$43.00 in a research note on Friday, November 4th. Royal Bank Of Canada raised Quebecor from an “outperform” rating to a “top pick” rating and raised their price objective for the company from C$43.00 to C$44.00 in a research note on Monday, January 9th. Finally, Scotiabank reduced their price objective on Quebecor from C$46.00 to C$45.00 and set a “focus stock” rating on the stock in a research note on Friday, November 4th. Five research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of C$43.18.

Analyst Recommendations for Quebecor (TSE:QBR.B)

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About Quebecor

Quebecor Inc is a holding company that holds interests in Quebecor Media Inc (Quebecor Media). The Company operates in the industry segments, including Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services in Canada, and is engaged in the rental of movies, televisual products and video games.

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