Quebecor (TSE:QBR.B – Get Free Report) had its target price raised by Desjardins from C$41.50 to C$42.00 in a research note issued on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target suggests a potential upside of 26.70% from the company’s previous close.
Other research analysts have also recently issued reports about the company. Scotiabank raised Quebecor from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$36.00 to C$38.25 in a research note on Thursday, January 4th. BMO Capital Markets upped their target price on Quebecor from C$39.00 to C$42.00 in a research note on Monday, December 11th. Canaccord Genuity Group increased their target price on Quebecor from C$33.00 to C$35.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Royal Bank of Canada lowered their target price on Quebecor from C$38.00 to C$36.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 9th. Finally, CIBC decreased their price target on Quebecor from C$43.00 to C$42.00 and set an “outperform” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$40.03.
Quebecor Stock Up 0.9 %
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.
- Five stocks we like better than Quebecor
- How to invest in blue chip stocks
- The next meme stock: 6 tickers leading a meme stock revival
- What to Know About Investing in Penny Stocks
- 8 best meme stocks to buy now
- Golden Cross Stocks: Pattern, Examples and Charts
- 3 best meme ETFs to buy now
Receive News & Ratings for Quebecor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quebecor and related companies with MarketBeat.com's FREE daily email newsletter.