Shares of Quebecor, Inc. (TSE:QBR.B) have been assigned a consensus recommendation of “Buy” from the eight research firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$35.21.

A number of equities research analysts have recently commented on the company. CIBC increased their target price on Quebecor from C$34.00 to C$35.00 in a research note on Friday, May 10th. BMO Capital Markets raised their price target on Quebecor from C$36.00 to C$37.00 in a research report on Friday, May 10th. Royal Bank of Canada raised their price target on Quebecor from C$34.00 to C$35.00 in a research report on Tuesday, April 9th. Canaccord Genuity raised their price target on Quebecor from C$28.00 to C$31.00 and gave the stock a “hold” rating in a research report on Thursday, March 14th. Finally, Cormark raised their price target on Quebecor from C$34.00 to C$35.00 in a research report on Thursday, March 14th.

QBR.B stock traded up C$0.25 during midday trading on Friday, hitting C$32.00. The stock had a trading volume of 1,242,162 shares, compared to its average volume of 412,298. The stock has a market cap of $5.76 billion and a price-to-earnings ratio of 23.10. Quebecor has a 52-week low of C$19.50 and a 52-week 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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