BCE, Inc. – Consensus ‘Hold’ rating and 1.3% Upside Potential

Broker Ratings
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BCE, Inc. 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. Now with the previous closing price of $47.43 this would indicate that there is a potential upside of 1.3%. It’s also worth noting that there is a 50 day moving average of $45.20 and the 200 moving average now moves to $46.30. The market cap for the company is $43,598m. Find out more information at: https://www.bce.ca

The potential market cap would be $44,168m 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 21.53, revenue per share of 26.52 and a 5.08% return on assets.

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