Quebecor, Inc. (TSE:QBR.B) has been assigned an average rating of “Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$35.21.

Several equities analysts have weighed in on QBR.B shares. BMO Capital Markets lifted their target price on Quebecor from C$36.00 to C$37.00 in a research note on Friday, May 10th. Royal Bank of Canada lifted their target price on Quebecor from C$34.00 to C$35.00 in a research note on Tuesday, April 9th. CIBC lifted their target price on Quebecor from C$34.00 to C$35.00 in a research note on Friday, May 10th. TD Securities lifted their target price on Quebecor from C$33.00 to C$35.00 and gave the company a “buy” rating in a research note on Wednesday, February 6th. Finally, Cormark lifted their target price on Quebecor from C$34.00 to C$35.00 in a research note on Thursday, March 14th.

QBR.B traded up C$0.05 during trading on Friday, reaching C$31.80. The company had a trading volume of 339,841 shares, compared to its average volume of 412,298. The stock has a market capitalization of $5.71 billion and a P/E ratio of 22.96. Quebecor has a 12-month low of C$19.50 and a 12-month high of C$25.27.

Quebecor Company Profile

Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.

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Analyst Recommendations for Quebecor (TSE:QBR.B)

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