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Quebecor (TSE:QBR.B)
TSX:QBR.B

Quebecor (QBR.B) Stock Forecast & Price Target

103 Followers
See the Price Targets and Ratings of:

QBR.B Analyst Ratings

Moderate Buy
7Ratings
4 Buy
2 Hold
1 Sell
Based on 7 analysts giving stock ratings to
Quebecor
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

QBR.B Stock 12 Month Forecast

Average Price Target

C$35.00
▲(21.72% Upside)
Based on 7 Wall Street analysts offering 12 month price targets for Quebecor in the last 3 months. The average price target is C$35.00 with a high forecast of C$39.00 and a low forecast of C$30.00. The average price target represents a 21.72% change from the last price of C$28.75.
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Highest Price TargetC$39.00Average Price TargetC$35.00Lowest Price TargetC$30.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TD Securities
C$44.00
Buy
53.04%
Upside
Reiterated
02/23/24
TD Securities Reiterates Buy Rating on Quebecor Inc. (QBR/B:CN) (QBCRF)TD Securities analyst Vince Valentini reiterated a Buy rating and Cdn$44.00 price target on Quebecor Inc. (QBR/B:CN) (OTC: QBCRF).
Desjardins Analyst forecast on TSE:QBR.B
Unknown Analyst
Not Ranked
Desjardins
C$42.00
Buy
46.09%
Upside
Reiterated
01/26/24

Best Analysts Covering Quebecor

Which Analyst Should I Follow If I Want to Buy TSE:QBR.B and Sell After:
1 Month
Aravinda GalappatthigeCanaccord Genuity
Success Rate
8/12 ratings generated profit
67%
Average Return
+2.05%
reiterated a buy rating 23 days ago
Copying Aravinda Galappatthige's trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +2.05% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Aravinda GalappatthigeCanaccord Genuity
Success Rate
8/12 ratings generated profit
67%
Average Return
+4.10%
reiterated a buy rating 23 days ago
Copying Aravinda Galappatthige's trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +4.10% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Aravinda GalappatthigeCanaccord Genuity
Success Rate
6/12 ratings generated profit
50%
Average Return
+1.50%
reiterated a buy rating 23 days ago
Copying Aravinda Galappatthige's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +1.50% per trade.
2 Years
Aravinda GalappatthigeCanaccord Genuity
Success Rate
6/12 ratings generated profit
50%
Average Return
+1.73%
reiterated a buy rating 23 days ago
Copying Aravinda Galappatthige's trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of +1.73% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

QBR.B Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Apr 24
May 24
Strong Buy
12
11
12
11
12
Buy
0
1
1
1
0
Hold
4
3
2
4
5
Sell
0
0
0
0
1
Strong Sell
0
0
0
0
0
total
16
15
15
16
18
In the current month, QBR.B has received 12 Buy Ratings, 5 Hold Ratings, and 1 Sell Ratings. QBR.B average Analyst price target in the past 3 months is C$35.00.
Each month's total comprises the sum of three months' worth of ratings.
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QBR.B Financial Forecast

QBR.B Earnings Forecast

Next quarter’s earnings estimate for QBR.B is C$0.83 with a range of C$0.80 to C$0.88. The previous quarter’s EPS was C$0.71. QBR.B beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 58.97% of the time in the same period. In the last calendar year QBR.B has Outperformed its overall industry.
Next quarter’s earnings estimate for QBR.B is C$0.83 with a range of C$0.80 to C$0.88. The previous quarter’s EPS was C$0.71. QBR.B beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 58.97% of the time in the same period. In the last calendar year QBR.B has Outperformed its overall industry.

QBR.B Sales Forecast

Next quarter’s sales forecast for QBR.B is C$1.40B with a range of C$1.39B to C$1.41B. The previous quarter’s sales results were C$1.36B. QBR.B beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 37.18% of the time in the same period. In the last calendar year QBR.B has Underperformed its overall industry.
Next quarter’s sales forecast for QBR.B is C$1.40B with a range of C$1.39B to C$1.41B. The previous quarter’s sales results were C$1.36B. QBR.B beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 37.18% of the time in the same period. In the last calendar year QBR.B has Underperformed its overall industry.

QBR.B Stock Forecast FAQ

What is TSE:QBR.B’s average 12-month price target, according to analysts?
Based on analyst ratings, Quebecor’s 12-month average price target is C$35.00.
    What is TSE:QBR.B’s upside potential, based on the analysts’ average price target?
    Quebecor has 21.72% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:QBR.B a Buy, Sell or Hold?
          Quebecor has a consensus rating of Moderate Buy which is based on 4 buy ratings, 2 hold ratings and 1 sell ratings.
            What is Quebecor’s price target?
            The average price target for Quebecor is C$35.00. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$39.00 ,the lowest forecast is C$30.00. The average price target represents 21.72% Increase from the current price of C$28.75.
              What do analysts say about Quebecor?
              Quebecor’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 7 Wall Streets Analysts.
                How can I buy shares of TSE:QBR.B?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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