BCE (BCE) : 9 analysts are covering BCE (BCE) and their average rating on the stock is 3, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. 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) : 6 investment research analysts covering BCE (BCE) have an average price target of $46.94 for the near short term. The highest target price given by the Brokerage Firm to the stock is $49 and the lowest target is $41 for the short term. Analysts expect the variance to be within $2.98 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. BCE (NYSE:BCE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.52 and $48.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.70, notching a gain of 0.81% for the day. The total traded volume was 562,395 . The stock had closed at $48.31 on the previous day.
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.