BCE Inc. (BCE) Receives C$62.30 Consensus PT from Brokerages

Shares of BCE Inc. (TSE:BCE) (NYSE:BCE) have been assigned an average recommendation of “Hold” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$62.56.

A number of analysts have recently issued reports on BCE shares. Citigroup boosted their price objective on BCE from C$65.00 to C$66.00 in a research report on Friday, November 3rd. Royal Bank of Canada boosted their price objective on BCE from C$61.00 to C$62.00 and gave the company a “sector perform” rating in a research report on Friday, November 3rd. National Bank Financial boosted their price objective on BCE from C$61.00 to C$64.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Barclays boosted their price objective on BCE from C$64.00 to C$65.00 in a research report on Friday, November 3rd. Finally, Desjardins boosted their price objective on BCE from C$65.00 to C$66.00 in a research report on Friday, November 3rd.

BCE (TSE: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. The company has a market capitalization of $50,570.00, a PE ratio of 17.31 and a beta of -0.08. BCE has a 1-year low of C$54.44 and a 1-year high of C$63.00.

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About BCE

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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