Quebecor Inc's stock has seen a slight uptick today but remains down over the week.
Quebecor Inc (QBR-A.TO) closed at C$67.07, reflecting a modest increase of 0.30% on Thursday. However, the stock has experienced a decline of 2.49% over the past week, continuing a trend of slight downward pressure despite a strong year-to-date performance of 28.03%. Recent analyst activity has influenced market sentiment, with notable adjustments in price targets from major Canadian financial institutions.
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Quebecor Inc
QBR-A.TO
QBR-A.TO
Quebecor Inc
WealthAwesomeMarket cap
$13.97B
P/E
15.2x
Div. yield
2.39%
Div. / share
$1.50
52W high
$70.95
52W low
$39.44
1W change
-1.12%
Beta
0.63
Analyst Price Targets
Based on analyst covering QBR-A
Wall Street analysts forecast QBR-A stock price to fall 8.1% over the next 12 months.
Consensus
Moderately BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$57.00
-8.1% Upside
Current Price
C$62.00
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on QBR-A's historical volatility
30-Day Vol
29.6%
Annualized
90-Day Vol
34.4%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$51.86
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$58.42 | C$52.74 โ C$64.71 |
| 60 trading days | C$55.04 | C$47.63 โ C$63.61 |
| 90 trading days | C$51.86 | C$43.44 โ C$61.91 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: While Quebecor's stock shows resilience in the long term with a solid year-to-date increase, recent bearish analyst outlooks and price target adjustments suggest caution for short-term investors. The company's fundamentals appear robust, yet market sentiment may weigh on its near-term performance.
Quebecor's stock remains within 88% of its 52-week range.
With a 52-week range of C$36.14 to C$71.47, Quebecor's current stock price is positioned towards the higher end, indicating a potential need for caution amid recent bearish sentiment.
Bull case
Quebecor has a strong profit margin of 15.6% and a return on equity of 35.3%, which shows effective management and profitability. The stock's performance this year has been solid, suggesting it could continue to grow in the long run.
Bear case
Despite a solid year-to-date performance, recent bearish analyst outlooks and target reductions may signal concerns about Quebecor's valuation. The stock's average analyst target of C$57.00 suggests a potential decline from its current price, which may deter short-term investors.
Recent Price Action
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Quebecor Inc's stock saw a slight increase of 0.30% today, closing at C$67.07. However, over the past week, the stock has dipped by 2.49%, reflecting a broader market sentiment that may be weighing on investor confidence.
Catalysts and Company News
On July 10, RBC raised its price target for Quebecor while simultaneously lowering targets for four other Canadian telecoms. CIBC also raised Quebecor's price target but reduced BCE's target. These adjustments suggest a mixed outlook for Quebecor, with analysts recognizing its strengths while expressing caution regarding valuation.
Technical Picture
Quebecor's technical indicators show a last close of C$67.07, slightly below its 50-day moving average of C$67.17. The stock has a 200-day moving average of C$56.08, indicating a significant upward trend over the longer term. The stock has a beta of 0.63, suggesting lower volatility compared to the broader market. With a recent volume of 533 shares, the trading activity is below the 20-day average volume of 1,318 shares, indicating reduced investor interest.
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