Today, Analysts Set Quebecor, Inc. (QBR.B) PT at $42.55

Today, Analysts Set Quebecor, Inc. (QBR.B) PT at $42.55
Quebecor, Inc. (TSE:QBR.B) has received an average recommendation of “Buy” from the twelve research firms that are presently covering the company. One analyst has rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$42.55.

Several equities analysts recently weighed in on the stock. BMO Capital Markets lifted their target price on shares of Quebecor from C$40.00 to C$45.00 in a report on Saturday, August 6th. Canaccord Genuity boosted their price objective on shares of Quebecor from C$41.00 to C$43.00 and gave the stock a “buy” rating in a report on Saturday, August 6th. RBC Capital Markets boosted their price objective on shares of Quebecor from C$40.00 to C$43.00 and gave the stock an “outperform” rating in a report on Saturday, August 6th. Desjardins set a C$44.00 price objective on shares of Quebecor and gave the stock a “buy” rating in a report on Saturday, August 6th. Finally, Scotiabank reiterated a “focus stock” rating and issued a C$47.00 price objective on shares of Quebecor in a report on Monday, August 8th.

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