BCE (TSE:BCE) (NYSE:BCE) had its price objective boosted by BMO Capital Markets from C$62.00 to C$63.00 in a report released on Friday, BayStreet.CA reports.
Several other research firms have also recently weighed in on BCE. National Bank Financial upped their price objective on shares of BCE from C$58.00 to C$60.00 and gave the stock a sector perform rating in a research report on Thursday, July 4th. Desjardins cut shares of BCE from a buy rating to a hold rating and dropped their target price for the stock from C$66.00 to C$65.00 in a report on Friday, May 3rd. Royal Bank of Canada increased their target price on shares of BCE from C$61.00 to C$62.00 in a report on Friday. TD Securities raised shares of BCE from a hold rating to a buy rating and set a C$63.00 target price for the company in a report on Tuesday, June 18th. Finally, CIBC increased their target price on shares of BCE from C$59.00 to C$60.00 in a report on Friday. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of C$61.82.
BCE opened at C$60.97 on Friday. BCE has a twelve month low of C$50.72 and a twelve month high of C$62.75. The business’s 50-day moving average price is C$60.10. The company has a debt-to-equity ratio of 135.01, a current ratio of 0.57 and a quick ratio of 0.45. The company has a market capitalization of $54.80 billion and a PE ratio of 18.76.
BCE Company Profile
BCE Inc, a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. It operates in three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communications products and services, including 40 live and on-demand channels on smartphones and tablets; roaming services; push-to-talk, field service management, worker safety, and mobility management solutions; and asset management, smart buildings, smart cities, fleet management, and other Internet of Things services.
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