What are Research Firms Saying About BCE, Inc. (NYSE:BCE)?


Analysts and investors are usually very focused on company earnings numbers when they are released. Company earnings are a good way to evaluate the profitability of the company. Presently, covering analysts are anticipating BCE, Inc. (NYSE:BCE) to report quarterly EPS of $0.7. The company’s next earnings report is expected to be released on or around 2016-11-03 for the period ending on 2016-09-30. 

Whether a company misses or beats analyst estimates, the earnings report may guide short-term stock price movemments. Investors may also take note of the directional trend of estimates before a company’s earnings report. The company most recently posted actual quarterly EPS of $0.66 compared to the Zacks Research consensus estimate of $0.71. The resulting difference was $-0.05 creating a surprise factor of -7.04%. 6 brokerage firms are currently covering BCE, Inc.. These analysts polled by Zacks Research currently have a mean target price of $47.45 on the stock. The highest target is currently $51.7 and the most conservative target sees the stock hitting $41 within the year.

Zacks Research uses an analyst ratings scale from 1 to 5. On this scale, a 1 would represent a Strong Buy, and a 5 rating would signal a Strong Sell recommendation. Combining all the recommendations on BCE, Inc. (NYSE:BCE), the mean currently stands at 3.

Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position. 

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