BCE – Consensus ‘Hold’ rating and 1.0% Upside Potential

Broker Ratings
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BCE which can be found using ticker (BCE) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 54.8 and 44.59 with the average target price sitting at $48.05. Given that the stocks previous close was at $47.59 this would indicate that there is a potential upside of 1.0%. The 50 day MA is $45.26 and the 200 day moving average is $46.29. The market capitalization for the company is $43,625m. Visit the company website at: https://www.bce.ca

The potential market cap would be $44,047m based on the market consensus.

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

The company has a dividend yield of 6.08% with the ex dividend date set at 14-3-2023 (DMY).

Other points of data to note are a P/E ratio of 21.55, revenue per share of 26.52 and a 5.08% return on assets.

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