The stock of BCE Inc. (TSE:BCE) is a huge mover today! About 98,208 shares traded hands. BCE Inc. (TSE:BCE) has declined 2.90% since April 20, 2016 and is downtrending. It has underperformed by 8.31% the S&P500.
The move comes after 7 months positive chart setup for the $50.66B company. It was reported on Nov, 24 by Barchart.com. We have $59.79 PT which if reached, will make TSE:BCE worth $1.52 billion more.
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. $68 is the highest target while $47 is the lowest. The $58.19 average target is 0.24% above today’s ($58.05) stock price. BCE Inc. has been the topic of 22 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Credit Suisse on Monday, January 4. The stock of BCE Inc. (TSE:BCE) earned “Outperform” rating by Scotia Capital on Friday, August 7. Barclays Capital maintained BCE Inc. (TSE:BCE) rating on Monday, August 3. Barclays Capital has “Overweight” rating and $47 price target. On Thursday, June 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. As per Monday, August 31, the company rating was maintained by BMO Capital Markets. The rating was upgraded by TD Securities on Wednesday, September 2 to “Buy”. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Thursday, December 17. Barclays Capital maintained the shares of BCE in a report on Friday, August 28 with “Outperform” rating. On Friday, April 29 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was downgraded on Friday, July 24 by Desjardins Securities.
More notable recent BCE Inc. (TSE:BCE) news were published by: Fool.ca which released: “Why BCE Inc. Could Be Your Biggest Loser in 2017” on November 14, 2016, also Business.Financialpost.com with their article: “BCE Inc profit edges up on strength of wireless, CraveTV tops one million …” published on November 03, 2016, Fool.ca published: “BCE Inc. Now Yields 4.75%: Time to Buy?” on November 11, 2016. More interesting news about BCE Inc. (TSE:BCE) were released by: Fool.ca and their article: “Why BCE Inc. Is Still a Great Forever Stock” published on November 09, 2016 as well as Fool.ca‘s news article titled: “Dividend Investors: Should You Buy BCE Inc. or Enbridge Inc. Today?” with publication date: November 17, 2016.
BCE Inc. is a communications company. The company has a market cap of $50.66 billion. The Firm provides a range of broadband communications and content services to consumer, residential, business and government clients in Canada. It has a 18.41 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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