CIBC Boosts Quebecor, Inc. (QBR.B) Price Target to C$43.00

Quebecor, Inc. (TSE:QBR.B) had its price objective raised by CIBC from C$41.00 to C$43.00 in a research note published on Thursday.

A number of other equities analysts have also weighed in on the stock. Royal Bank of Canada raised shares of Quebecor from an outperform rating to a top pick rating and upped their target price for the stock from C$43.00 to C$44.00 in a research note on Monday, January 9th. TD Securities reaffirmed an action list buy rating and issued a C$43.00 target price on shares of Quebecor in a research note on Tuesday, December 6th. Finally, Scotiabank reaffirmed a focus stock rating and issued a C$45.00 target price on shares of Quebecor in a research note on Friday, February 17th. Four research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. Quebecor has an average rating of Buy and an average price target of C$45.11.

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Quebecor Company Profile

Quebecor Inc is a holding company that holds interests in Quebecor Media Inc (Quebecor Media). The Company operates in the industry segments, including Telecommunications, Media, and Sports and Entertainment. The Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services in Canada, and is engaged in the rental of movies, televisual products and video games.

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