BCE. – Consensus Indicates Potential 8.7% Upside

Broker Ratings
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BCE. with ticker code (BCE) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 55.68 and 44.29 calculating the mean target price we have $47.42. Given that the stocks previous close was at $43.62 this now indicates there is a potential upside of 8.7%. There is a 50 day moving average of $45.36 and the 200 day moving average is $46.86. The company has a market cap of $39,902m. You can visit the company’s website by visiting: https://www.bce.ca

The potential market cap would be $43,379m 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 dataluding 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 6.41% with the ex dividend date set at 14-3-2023 (DMY).

Other points of data to note are a P/E ratio of 20.22, revenue per share of 26.52 and a 5.08% return on assets.

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