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

Quebecor (TSE:QBR.B) had its price target lifted by Scotia from C$63.50 to C$66.00 in a report issued on Friday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other research firms have also recently commented on QBR.B. Canaccord Genuity Group cut shares of Quebecor from a “buy” rating to a “hold” rating and set a C$68.00 target price on the stock. in a research note on Friday, July 10th. National Bank Financial upped their price target on shares of Quebecor from C$67.00 to C$74.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 23rd. Desjardins increased their price objective on shares of Quebecor from C$72.00 to C$76.00 and gave the company a “buy” rating in a report on Friday. BMO Capital Markets raised their price objective on shares of Quebecor from C$63.00 to C$67.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, Royal Bank Of Canada raised their price objective on shares of Quebecor from C$70.00 to C$71.00 and gave the company a “sector perform” rating in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Quebecor presently has an average rating of “Moderate Buy” and a consensus price target of C$69.71.

Quebecor Trading Up 2.1%

TSE:QBR.B opened at C$68.61 on Friday. The stock has a market cap of C$15.46 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 1.43 and a beta of 0.69. 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 has a 1 year low of C$36.94 and a 1 year high of C$70.75. The business has a fifty day moving average of C$67.24 and a 200-day moving average of C$60.37.

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

Key Stories Impacting Quebecor

Here are the key news stories impacting Quebecor this week:

• Positive Sentiment: TD raised its price target from C$78 to C$80 and upgraded Quebecor to “buy,” implying 17.1% upside from the referenced price. BayStreet.CA analyst ratings
• Positive Sentiment: Desjardins increased its target from C$72 to C$76 and maintained a “buy” rating, pointing to 11.2% potential upside. TickerReport analyst ratings
• Positive Sentiment: ATB Cormark raised its target sharply from C$69 to C$77 and assigned an “outperform” rating, representing 12.7% potential upside. BayStreet.CA analyst ratings
• Positive Sentiment: Quebecor announced a dividend increase following a strong second quarter, supporting the income-investment case and signaling confidence in cash generation. Quebecor dividend increase report
• Positive Sentiment: The company released second-quarter and first-half 2026 results for the periods ended June 30, giving investors an updated view of operating performance. The accompanying coverage described the quarter as strong. Quebecor second-quarter 2026 results
• Neutral Sentiment: Royal Bank of Canada raised its target from C$70 to C$71 but kept a “sector perform” rating, indicating limited expected upside.
• Negative Sentiment: Scotia lifted its target from C$63.50 to C$66 but retained a “sector perform” rating; the new target remains below the referenced market price, providing a valuation counterweight to the more bullish calls.

Quebecor Company Profile

Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor’s subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services. Québec-based Quebecor (TSX: QBR.A) (TSX: QBR.B) employs more than 11,000 people in Canada. A family business founded in 1950, Quebecor is strongly committed to the community.