Scotia Issues Positive Forecast for Quebecor (TSE:QBR.B) Stock Price

Quebecor (TSE:QBR.B) had its price target lifted by Scotia from C$54.50 to C$58.00 in a research note published on Friday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

QBR.B has been the subject of a number of other research reports. National Bank Financial increased their target price on Quebecor from C$59.00 to C$67.00 and gave the company an “outperform” rating in a report on Friday. ATB Cormark Capital Markets increased their target price on Quebecor from C$63.00 to C$69.00 and gave the company an “outperform” rating in a report on Friday. Scotiabank increased 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, February 27th. TD increased their target price on Quebecor from C$63.00 to C$69.00 and gave the company a “buy” rating in a report on Friday. Finally, Canaccord Genuity Group upgraded Quebecor from a “hold” rating to a “buy” rating and increased their target price for the company from C$51.25 to C$60.00 in a report on Monday, March 2nd. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$63.71.

Quebecor Price Performance

Shares of TSE:QBR.B opened at C$65.36 on Friday. Quebecor has a one year low of C$36.68 and a one year high of C$65.44. The stock has a fifty day moving average of C$57.78 and a 200-day moving average of C$53.36. The company has a market capitalization of C$14.76 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 1.43 and a beta of 0.75. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01.

Quebecor (TSE:QBR.B) last released its earnings results on Thursday, May 14th. The company reported C$0.97 earnings per share (EPS) for the quarter. The company had revenue of C$1.40 billion during the quarter. Quebecor had a return on equity of 37.44% and a net margin of 12.99%.

Trending Headlines about Quebecor

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: Several brokers lifted their price targets after Quebecor’s Q1 results, with Canaccord Genuity, ATB Cormark, Desjardins, National Bank Financial, TD, and BMO all raising targets and, in most cases, keeping bullish ratings such as buy or outperform. Analyst ratings update
• Neutral Sentiment: Scotia and Royal Bank of Canada also raised their price targets, but both maintained more cautious sector perform ratings, suggesting some analysts see limited near-term upside even after the latest financial results. Analyst ratings update
• Positive Sentiment: The optimism follows Quebecor’s first-quarter 2026 earnings, which showed higher profit, EPS of C$0.97, and revenue of C$1.40 billion, with management benefiting from growth in average revenue per user. Q1 earnings coverage
• Neutral Sentiment: The company also amended its normal course issuer bid, a routine capital-management move that is not likely to be the main driver of the stock today. NCIB amendment

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.