BMO Capital Markets Increases Quebecor (QBR.B) Price Target to C$37.00

Quebecor (TSE:QBR.B) had its price target increased by BMO Capital Markets from C$36.00 to C$37.00 in a report published on Friday morning, BayStreet.CA reports.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada raised their target price on shares of Quebecor from C$34.00 to C$35.00 in a research note on Tuesday, April 9th. CIBC raised their target price on shares of Quebecor from C$32.00 to C$34.00 in a research note on Thursday, March 14th. Cormark raised their target price on shares of Quebecor from C$34.00 to C$35.00 in a research note on Thursday, March 14th. TD Securities raised their target price on shares of Quebecor from C$35.00 to C$38.00 and gave the company a buy rating in a research note on Thursday, March 14th. Finally, Canaccord Genuity raised their target price on shares of Quebecor from C$28.00 to C$31.00 and gave the company a hold rating in a research note on Thursday, March 14th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Quebecor presently has an average rating of Buy and a consensus price target of C$35.21.

Shares of QBR.B opened at C$33.31 on Friday. The company has a market cap of $5.99 billion and a PE ratio of 24.05. Quebecor has a twelve month low of C$19.50 and a twelve month high of C$25.27.



About Quebecor

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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