A number of other equities analysts also recently issued reports on the company. Royal Bank of Canada cut their price target on Quebecor from C$31.00 to C$30.00 and set an outperform rating for the company in a research note on Tuesday, August 21st. Cormark lifted their price target on Quebecor from C$30.00 to C$32.00 in a research note on Friday, August 10th. Desjardins downgraded Quebecor from a buy rating to a hold rating in a research note on Friday, August 10th. National Bank Financial cut their price target on Quebecor from C$32.00 to C$31.00 and set an outperform rating for the company in a research note on Tuesday, August 21st. Finally, BMO Capital Markets lifted their price target on Quebecor from C$31.00 to C$33.00 and gave the company an outperform rating in a research note on Friday. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Quebecor currently has an average rating of Buy and an average price target of C$31.00.
QBR.B stock traded up C$0.39 during mid-day trading on Friday, reaching C$27.62. 834,174 shares of the company traded hands, compared to its average volume of 412,298. Quebecor has a fifty-two week low of C$19.50 and a fifty-two week high of C$25.27.
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.
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