
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.
They have about 25% wireless growth due to their Spectrum advantages over the incumbents in Québec. That drives the 20% EPS over the next couple of years. The stock is trading cheaper than its five-year average by a wide margin. There is also $500 million of Spectrum licenses that they can monetize on. Dividend yield of 0.45%.
Videotron 7.125% Jan 15, 2020 Bond. Credit metrics of an investment grade bond. They are the cable providers of Quebec. They have to push their profits up to QBR.B-T, but in the case of any insolvency of QBR, Videotron is made whole. The biggest risk is that they would be the 4th big player out there.