Quebecor, Inc. (TSE:QBR.B – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$37.13 and last traded at C$36.70, with a volume of 79609 shares traded. The stock had previously closed at C$36.60.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Royal Bank of Canada raised Quebecor from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$37.00 to C$39.00 in a research report on Wednesday, December 18th. National Bankshares dropped their target price on Quebecor from C$40.00 to C$38.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd. Scotiabank dropped their target price on Quebecor from C$38.00 to C$37.00 in a research report on Tuesday, November 26th. CIBC dropped their target price on Quebecor from C$40.00 to C$39.00 in a research report on Monday, February 10th. Finally, TD Securities increased their target price on Quebecor from C$39.00 to C$40.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Quebecor has an average rating of “Moderate Buy” and an average price target of C$38.33.
Get Our Latest Report on QBR.B
Quebecor Stock Performance
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.
Featured Articles
- Five stocks we like better than Quebecor
- Best Aerospace Stocks Investing
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Consumer Staples Stocks, Explained
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- Stock Dividend Cuts Happen Are You Ready?
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
Receive News & Ratings for Quebecor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quebecor and related companies with MarketBeat.com's FREE daily email newsletter.