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Analysts Offer Insights on NA Companies: Quebecor (OtherQBCRF) and Paltalk (PALT)

There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on Quebecor (QBCRFResearch Report) and Paltalk (PALTResearch Report) with bullish sentiments.

Quebecor (QBCRF)

Canaccord Genuity analyst Aravinda Galappatthige maintained a Buy rating on Quebecor today and set a price target of C$33.00. The company’s shares closed last Wednesday at $21.89.

According to TipRanks.com, Galappatthige is a 1-star analyst with an average return of -2.4% and a 45.5% success rate. Galappatthige covers the NA sector, focusing on stocks such as TELUS International (CDA), Cogeco Communications, and Rogers Communication.

Currently, the analyst consensus on Quebecor is a Strong Buy with an average price target of $27.29, which is a 25.0% upside from current levels. In a report issued on October 25, National Bank also maintained a Buy rating on the stock with a C$38.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Paltalk (PALT)

Maxim Group analyst Allen Klee reiterated a Buy rating on Paltalk yesterday and set a price target of $5.00. The company’s shares closed last Wednesday at $1.72, close to its 52-week low of $1.28.

According to TipRanks.com, Klee is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -22.5% and a 22.6% success rate. Klee covers the Technology sector, focusing on stocks such as T Stamp, Inc. Class A, ARB IOT Group Limited, and Research Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paltalk with a $5.00 average price target.

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