
TSE:QBR.B
This summary was created by AI, based on 4 opinions in the last 12 months.
Quebecor Inc (QBR.B-T) stands out in the telecommunications sector, particularly with its growing market share through Freedom Mobile. Several experts highlight its efficiency in carving into the larger telecom companies, marking it as a strong contender in the industry. There's an observable shift in market dynamics where capital is moving from traditional telcos to cable companies, indicating a strategic transformation in investment approaches. While some analysts caution about the potential for telecom stocks to face mean reversion, Quebecor's recent performance suggests it still has room for growth, with projected price targets indicating significant upside potential. Investors are advised to keep an eye on its development as it continues to gain traction in the competitive landscape.
He owns BCE and Telus instead for income. At this point in the cycle, and just looking at total return, he wouldn't own any telcos. Better opportunities elsewhere for capital gains in the value and cyclical areas. Not a pure play telco. Not the biggest or most diversified. Commends what they're doing with the business.
Are the dominant cable player in Quebec and benefitted a lot from Rogers buying Shaw then having to sell Freedom Mobile at great terms to Quebecor. Also, they bought spectrum cheaply so they can expand into Ontario and western Canada and much lower capex. Generating strong cash flow. Debt will probably get upgraded by year's end. 40% EBITDA margins, the best of the group. Trades at 6.5x EBITA vs. 810x its peers. Telcos remain an oligopoly. Has the most upside in this sector.
(Analysts’ price target is $40.31)