Quebecor, Inc. (QBR.B) Lowered to “Buy” at TD Securities

TD Securities lowered shares of Quebecor, Inc. (TSE:QBR.B) from an action list buy rating to a buy rating in a research report sent to investors on Friday. The brokerage currently has C$56.00 price target on the stock, up from their previous price target of C$54.00.

QBR.B has been the topic of several other research reports. Desjardins cut shares of Quebecor from a buy rating to a hold rating and increased their price target for the stock from C$48.00 to C$54.00 in a research report on Friday. Scotiabank increased their price target on shares of Quebecor from C$54.00 to C$58.00 and gave the stock a focus stock rating in a research report on Thursday, November 2nd. National Bank Financial increased their price target on shares of Quebecor from C$52.00 to C$53.00 and gave the stock an outperform rating in a research report on Tuesday, November 7th. CIBC increased their price target on shares of Quebecor from C$43.00 to C$47.00 and gave the stock an outperform rating in a research report on Friday, August 11th. Finally, Barclays PLC increased their price target on shares of Quebecor from C$49.00 to C$51.00 in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of C$54.33.

Quebecor (QBR.B) opened at C$49.23 on Friday. Quebecor has a 1 year low of C$35.31 and a 1 year high of C$50.00.

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Quebecor Company Profile

Quebecor Inc is a telecommunications and media company. The Company’s segments include Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions (including data centers), cable and mobile telephony and over-the-top video services in Canada.

Analyst Recommendations for Quebecor (TSE:QBR.B)

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