Quebecor (TSE:QBR.B) Given New C$67.00 Price Target at BMO Capital Markets

Quebecor (TSE:QBR.B) had its price target boosted by BMO Capital Markets from C$63.00 to C$67.00 in a research note released on Friday,BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

Other equities analysts also recently issued research reports about the company. National Bank Financial raised their price target on Quebecor from C$59.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Friday. Scotia raised their price target on Quebecor from C$54.50 to C$58.00 and gave the stock a “sector perform” rating in a research report on Friday. Canadian Imperial Bank of Commerce raised their price target on Quebecor from C$61.00 to C$66.00 in a research report on Tuesday, April 7th. TD Securities downgraded Quebecor from a “buy” rating to a “hold” rating and raised their price target for the stock from C$58.00 to C$60.00 in a research report on Friday, February 27th. Finally, ATB Cormark Capital Markets raised their price target on Quebecor from C$63.00 to C$69.00 and gave the stock an “outperform” rating in a research report on Friday. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Quebecor currently has an average rating of “Moderate Buy” and a consensus price target of C$63.71.

Quebecor Stock Performance

Quebecor stock opened at C$65.36 on Friday. The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The stock has a fifty day moving average of C$57.78 and a two-hundred day moving average of C$53.36. The company has a market capitalization of C$14.76 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.43 and a beta of 0.75. Quebecor has a fifty-two week low of C$36.68 and a fifty-two week high of C$65.44.

Quebecor (TSE:QBR.B) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.97 earnings per share 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%.

Quebecor News Roundup

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.