BCE (TSE:BCE) Given New C$36.00 Price Target at Royal Bank Of Canada

Posted by on Jul 10th, 2026

BCE (TSE:BCE – Get Free Report) (NYSE:BCE) had its price objective dropped by equities researchers at Royal Bank Of Canada from C$39.00 to C$36.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 19.09% from the stock’s previous close.

Several other research analysts also recently commented on the company. Desjardins decreased their price objective on BCE from C$41.50 to C$41.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. TD Securities raised shares of BCE from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. TD upgraded shares of BCE from a “hold” rating to a “buy” rating and set a C$37.00 target price on the stock in a research note on Thursday, July 2nd. Finally, Scotiabank lowered their price target on shares of BCE from C$41.00 to C$39.00 and set a “sector outperform” rating on the stock in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, BCE presently has an average rating of “Moderate Buy” and an average target price of C$37.30.

Check Out Our Latest Stock Analysis on BCE

BCE Stock Performance

Shares of TSE:BCE traded up C$0.02 during midday trading on Friday, hitting C$30.23. The company had a trading volume of 1,180,957 shares, compared to its average volume of 4,091,406. The company has a debt-to-equity ratio of 183.90, a current ratio of 0.66 and a quick ratio of 0.43. The company has a market cap of C$28.19 billion, a price-to-earnings ratio of 4.47, a PEG ratio of 4.67 and a beta of 0.29. BCE has a 12-month low of C$29.66 and a 12-month high of C$36.25. The company has a fifty day moving average of C$32.92 and a two-hundred day moving average of C$33.68.

BCE (TSE:BCE – Get Free Report) (NYSE:BCE) last released its earnings results on Thursday, May 7th. The company reported C$0.63 earnings per share for the quarter. BCE had a return on equity of 29.69% and a net margin of 26.07%.The company had revenue of C$6.17 billion for the quarter. On average, equities research analysts expect that BCE will post 3.1120864 EPS for the current fiscal year.

Insiders Place Their Bets

In other BCE news, insider Sean Cohan sold 3,645 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of C$33.48, for a total value of C$122,034.60. Also, insider Thierry Chaumont sold 4,110 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of C$33.59, for a total transaction of C$138,054.90. Insiders sold a total of 11,255 shares of company stock valued at $376,464 in the last 90 days. 0.02% of the stock is currently owned by company insiders.

BCE Company Profile

(Get Free Report)

Bell Media is Canada’s leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada’s most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada’s cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec’s fast-growing conventional French-language network, Noovo; the country’s leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.

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Analyst Recommendations for BCE (TSE:BCE)

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