BCE – Consensus Indicates Potential -1.5% Downside

Broker Ratings
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BCE with ticker code (BCE) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 56.32 and 48.26 with a mean TP of 53.1. Given that the stocks previous close was at 53.91 this now indicates there is a potential downside of -1.5%. The 50 day MA is 52.84 and the 200 moving average now moves to 51.27. The company has a market cap of $49,326m. Company Website: https://www.bce.ca

The potential market cap would be $48,585m based on the market concensus.

BCE . operates as a telecommunications and media company in Canada. The company offers wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers. It operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment provides wireless voice and data communication products and services, and consumer electronics products. The Bell Wireline segment offers data, luding internet access and Internet protocol television (IPTV), local telephone, long distance, as well as other communication services and products. 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 (OOH) advertising services. It owns and operates 35 conventional TV stations; 27 specialty channels and four Pay TV services; four direct-to-consumer streaming services; 109 licensed radio stations; and websites. The company was formerly known as Bell Canada Enterprises . BCE . was orporated in 1970 and is headquartered in Verdun, Canada.

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