BCE (BCE) : During the past 4 weeks, traders have been relatively bearish on BCE (BCE), hence the stock is down -0.51% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.67% relative to the S&P 500. The 4-week change in the price of the stock is -0.13% and the stock has fallen -1.7% in the past 1 week.
BCE Inc. is up 5.37% in the last 3-month period. Year-to-Date the stock performance stands at 27.01%. The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 1.09%.
BCE (NYSE:BCE): The stock opened at $47.97 on Friday but the bulls could not build on the opening and the stock topped out at $48.04 for the day. The stock traded down to $47.60 during the day, due to lack of any buying support eventually closed down at $47.93 with a loss of -0.81% for the day. The stock had closed at $48.32 on the previous day. The total traded volume was 521,423 shares.
Also, Equity Analysts at the Citigroup maintains the rating on BCE (NYSE:BCE). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $62 per share to $63 per share. The rating by the firm was issued on July 19, 2016.
BCE Inc. is a communications company. The Company provides residential, business and wholesale customers with a range of solutions to all their communications needs, including wireless, high-speed Internet, Internet protocol television (IPTV) and satellite TV, business Internet protocol (IP) broadband, and information and communications technology (ICT) services. The Companys segments include Bell Wireless, Bell Wireline and Bell Media. The Companys Bell Wireless segment provides wireless services that are available to virtually all of the Canadian population. The Bell Wireline segment includes voice and data network; high-speed fiber deployment, and bell direct to home (DTH) satellite television service. The Companys Bell Media segment offers specialty and pay television, radio, digital media and out-of-home advertising. The Company, through Bell media, operates approximately 110 radio stations in over 50 markets across Canada.