Quebecor (TSE:QBR.B) Given New C$60.00 Price Target at BMO Capital Markets

Quebecor (TSE:QBR.B) had its price objective upped by BMO Capital Markets from C$58.00 to C$60.00 in a research note issued to investors on Friday,BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

Other analysts have also issued research reports about the company. Scotiabank raised their target price on Quebecor from C$51.25 to C$54.50 and gave the company a “sector perform” rating in a report on Friday. National Bank Financial increased their price objective on Quebecor from C$54.00 to C$57.00 and gave the company a “sector perform” rating in a research report on Friday. Canaccord Genuity Group lowered shares of Quebecor from a “buy” rating to a “hold” rating and boosted their target price for the stock from C$50.00 to C$51.25 in a research report on Tuesday, January 13th. JPMorgan Chase & Co. set a C$56.00 target price on shares of Quebecor and gave the company an “overweight” rating in a research note on Monday, November 10th. Finally, Desjardins increased their price target on shares of Quebecor from C$54.00 to C$61.00 and gave the company a “buy” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Quebecor has an average rating of “Moderate Buy” and an average price target of C$58.08.

Quebecor Stock Performance

QBR.B traded up C$2.61 during trading on Friday, hitting C$56.41. The stock had a trading volume of 2,932,286 shares, compared to its average volume of 791,374. The firm has a market cap of C$12.89 billion, a PE ratio of 15.89, a P/E/G ratio of 1.43 and a beta of 0.63. The company has a current ratio of 1.01, a quick ratio of 0.35 and a debt-to-equity ratio of 363.97. Quebecor has a 12 month low of C$32.57 and a 12 month high of C$57.77. The company has a 50 day simple moving average of C$51.37 and a 200-day simple moving average of C$47.73.

Quebecor (TSE:QBR.B) last released its quarterly earnings results on Thursday, February 26th. The company reported C$0.99 earnings per share (EPS) for the quarter. The company had revenue of C$1.55 billion during the quarter. Quebecor had a net margin of 12.99% and a return on equity of 37.44%.

More Quebecor News

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: BMO Capital Markets raised its price target to C$60.00 and kept an “Outperform” rating — another institutional upgrade supporting near-term upside. BMO Raise
• Positive Sentiment: Canadian Imperial Bank of Commerce lifted its target to C$61.00 and set an “Outperform” rating — one of several banks increasing targets today. CIBC Raise (BayStreet) CIBC Raise (TickerReport)
• Positive Sentiment: ATB Cormark bumped its target to C$63.00 and kept an “Outperform” call — the most bullish target among the recent updates. ATB Cormark Raise
• Positive Sentiment: Desjardins raised its target to C$61.00 and issued a “Buy” — another vote of confidence from sell‑side analysts. Desjardins Raise
• Positive Sentiment: Quebecor reported Q4 / FY2025 results: C$0.99 EPS and C$1.55B revenue, with ROE ~37.4% and net margin ~13% — solid profitability metrics that likely reinforced analyst upgrades. Earnings Release
• Positive Sentiment: Broker consensus summarized as “Moderate Buy” — broader analyst sentiment trending constructive. Consensus Note
• Neutral Sentiment: RBC raised its target to C$57.00 but maintains a “Sector Perform” rating (minimal implied upside). RBC Update
• Neutral Sentiment: National Bank lifted its target to C$57.00 and kept “Sector Perform” — an incremental move with limited directional impact. National Bank Update
• Negative Sentiment: Scotiabank increased its target to C$54.50 but kept “Sector Perform” — the target implies a small downside versus the current price. Scotiabank Update
• Negative Sentiment: TD Securities downgraded Quebecor from “Buy” to “Hold” despite raising its target to C$60.00 — a mixed signal that could temper enthusiasm from some investors. TD Downgrade

About Quebecor

Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.