02:20 PM EDT, 04/15/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We set our 12-month target price at CAD60, applying an EV/EBITDA multiple of 7.6x to our 2026 estimate, comparable to its five-year historical average multiple at 7.9x. We set our 2026 EPS estimate at CAD4.18 and initiate 2027's at CAD4.54. In the telecom segment, competition continues to intensify in the mobile and wireline telephony, Internet access, television, and over-the-top markets. Due to ongoing technological developments, the distinction between various platforms is fading, and QBR expects increasing competition from non-traditional businesses across its key business segments. In the media segment, the industry has been experiencing fundamental and permanent structural changes for years. Generalized audience fragmentation has prompted many advertisers to review their media placement strategies and turn a significant part of their advertising budgets over to international competitors operating solely in digital media.