National Bank Reaffirms Their Buy Rating on Quebecor Inc Cl A MV (QBR.A)


Quebecor Inc Cl A MV (QBR.A), the Technology company, has received a rating update from a Wall Street analyst today. Analyst Adam Shine from National Bank rated Quebecor Inc Cl A MV (QBR.A) a Buy, setting a C$35.50 price target.

Shine has an average return of 15.4% when recommending Quebecor Inc Cl A MV.

According to TipRanks.com, Shine is ranked #1751 out of 5231 analysts.

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Currently, the analyst consensus on Quebecor Inc Cl A MV is a Moderate Buy with an average price target of C$33.83, representing a 6.0% upside. In a report issued on February 27, Scotiabank also maintained a Buy rating on the stock with a C$35 price target.

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Quebecor Inc Cl A MV’s market cap is currently C$7.36B and has a P/E ratio of 22.3. The company has a Price to Book ratio of -23.59.

Quebecor, Inc. engages in the provision of telecommunications, entertainment, and news media services. It operates through the following business segments: Telecommunications, Media, and Sports & Entertainment. The Telecommunications segment provides mobile devices and services under contracts with multiple deliverables and for a fixed period of time.

The company’s shares closed on Tuesday at C$31.93.

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