BCE Inc. (BCE) Receives C$62.30 Consensus Price Target from Analysts

Shares of BCE Inc. (TSE:BCE) (NYSE:BCE) have been given an average rating of “Hold” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$62.56.

Several equities analysts have recently issued reports on BCE shares. JPMorgan Chase & Co. upped their price target on BCE from C$65.00 to C$68.00 in a research note on Monday, November 6th. Citigroup upped their price target on BCE from C$65.00 to C$66.00 in a research note on Friday, November 3rd. Desjardins upped their price target on BCE from C$65.00 to C$66.00 in a research note on Friday, November 3rd. Barclays upped their price target on BCE from C$64.00 to C$65.00 in a research note on Friday, November 3rd. Finally, National Bank Financial upped their price target on BCE from C$61.00 to C$64.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd.

Shares of BCE (BCE) traded down C$0.34 on Friday, hitting C$55.78. The stock had a trading volume of 1,019,604 shares, compared to its average volume of 1,593,235. BCE has a twelve month low of C$54.44 and a twelve month high of C$63.00. The firm has a market capitalization of $50,570.00, a price-to-earnings ratio of 17.31 and a beta of -0.08.

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BCE Company Profile

BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.

Analyst Recommendations for BCE (TSE:BCE)

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