BCE (BCE) Receives Analyst Rating

BCE (BCE) : 8 analysts are covering BCE (BCE) and their average rating on the stock is 3.25, which is read as a Hold. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

BCE (BCE) : The highest short term price target forecast on BCE (BCE) is $52 and the lowest target price is $41. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $47.45 with a standard deviation of $3.54.


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 (NYSE:BCE): After opening at $45.48, the stock dipped to an intraday low of $45.48 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $46.059 and the buying power remained strong till the end. The stock closed at $45.95 for the day, a gain of 0.81% for the day session. The total traded volume was 572,866. The stocks close on the previous trading day was $45.58.

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.

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