ATB Cormark Capital Markets Issues Positive Forecast for Quebecor (TSE:QBR.B) Stock Price

Quebecor (TSE:QBR.B) had its price target hoisted by ATB Cormark Capital Markets from C$63.00 to C$69.00 in a report released on Friday morning,BayStreet.CA reports. ATB Cormark Capital Markets currently has an outperform rating on the stock.

Other analysts have also issued research reports about the stock. TD Securities lowered shares of Quebecor from a “buy” rating to a “hold” rating and raised their price target for the company from C$58.00 to C$60.00 in a report on Friday, February 27th. National Bank Financial raised their price target on shares of Quebecor from C$59.00 to C$67.00 and gave the company an “outperform” rating in a report on Friday. Canaccord Genuity Group raised shares of Quebecor from a “hold” rating to a “buy” rating and raised their price target for the company from C$51.25 to C$60.00 in a report on Monday, March 2nd. BMO Capital Markets raised their price target on shares of Quebecor from C$58.00 to C$60.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Scotiabank raised their price target on shares of Quebecor from C$51.25 to C$54.50 and gave the company a “sector perform” rating in a report on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$63.71.

Quebecor Stock Performance

TSE QBR.B opened at C$65.36 on Friday. The firm has a market cap 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. The company has a 50 day moving average of C$57.78 and a 200-day moving average of C$53.36. 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 1-year low of C$36.68 and a 1-year high of C$65.44.

Quebecor (TSE:QBR.B) last posted its quarterly earnings data 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 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: 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.