Is BCE Inc. a Sell? The Stock Declines Again

 Is BCE Inc. a Sell? The Stock Declines Again

The stock of BCE Inc. (TSE:BCE) is a huge mover today! About 316,313 shares traded hands. BCE Inc. (TSE:BCE) has risen 4.43% since March 14, 2016 and is uptrending. It has underperformed by 1.11% the S&P500.
The move comes after 7 months negative chart setup for the $52.84 billion company. It was reported on Oct, 19 by Barchart.com. We have $55.66 PT which if reached, will make TSE:BCE worth $4.23 billion less.

BCE Inc. (TSE:BCE) Ratings Coverage

Out of 8 analysts covering BCE Inc. (TSE:BCE), 4 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 50% are positive. BCE Inc. has been the topic of 22 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Barclays Capital given on Friday, August 28. The stock of BCE Inc. (TSE:BCE) has “Outperform” rating given on Monday, August 31 by BMO Capital Markets. Barclays Capital maintained the stock with “Overweight” rating in Monday, August 3 report. On Friday, July 24 the stock rating was downgraded by Desjardins Securities to “Hold”. Goldman Sachs initiated the shares of BCE in a report on Friday, December 4 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 7. The rating was maintained by National Bank Canada with “Sector Perform” on Friday, November 6. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, December 17. The firm has “Buy” rating by TD Securities given on Wednesday, September 2. The company was maintained on Friday, August 7 by Scotia Capital.

More important recent BCE Inc. (TSE:BCE) news were published by: Prnewswire.com which released: “Research Reports Coverage on Telecom Services Stocks — Windstream, BCE Inc …” on October 19, 2016, also Fool.ca published article titled: “Is Shomi’s Demise Good News or Bad News for BCE Inc.?”, Fool.ca published: “BCE Inc. or Fortis Inc.: Which Stock Is Best to Ride Out a Market Pullback?” on October 06, 2016. More interesting news about BCE Inc. (TSE:BCE) was released by: Fool.ca and their article: “Is BCE Inc. the Perfect Income Stock?” with publication date: September 20, 2016.

BCE Inc. is a communications company. The company has a market cap of $52.84 billion. The Firm provides a range of broadband communications and content services to consumer, residential, business and government clients in Canada. It has a 19.14 P/E ratio. The Firm offers various services under the Bell and Bell Aliant brands, such as fiber Internet protocol television and high-speed Internet services, home phone and business network and communications services.

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