BCE Inc. (TSE:BCE) has earned an average rating of “Buy” from the fourteen research firms that are currently covering the firm. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$62.15.
BCE has been the topic of a number of research reports. CSFB upped their price objective on BCE from C$56.00 to C$58.00 in a report on Friday, August 5th. BMO Capital Markets upped their target price on BCE from C$62.00 to C$65.00 in a research report on Friday, August 5th. National Bank Financial upped their target price on BCE from C$58.50 to C$63.00 in a research report on Tuesday, July 26th. Citigroup Inc. upped their target price on BCE from C$62.00 to C$63.00 in a research report on Tuesday, July 19th. Finally, Desjardins upped their target price on BCE from C$64.00 to C$68.00 in a research report on Thursday, August 11th.
Shares of BCE (TSE:BCE) opened at 60.59 on Tuesday. The company has a 50-day moving average price of $61.32 and a 200-day moving average price of $60.58. BCE has a 12 month low of $52.38 and a 12 month high of $63.41. The firm has a market capitalization of $52.68 billion and a price-to-earnings ratio of 19.16.
The company also recently announced a quarterly dividend, which will be paid on Saturday, October 15th. Shareholders of record on Thursday, September 15th will be given a $0.6825 dividend. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $2.73 annualized dividend and a yield of 4.51%.
BCE Company Profile
BCE Inc is a communications company. The Company provides residential, business and wholesale customers with a range of solutions to all their communications needs, including wireless, high-speed Internet, Internet protocol television (IPTV) and satellite TV, business Internet protocol (IP) broadband, and information and communications technology (ICT) services.
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