BCE Inc. (BCE) PT Lowered to C$60.00
BCE Inc. (TSE:BCE) (NYSE:BCE) had its price target decreased by Scotiabank from C$61.00 to C$60.00 in a research note issued to investors on Thursday. Scotiabank currently has a sector perform rating on the stock.
Other research analysts have also recently issued research reports about the company. Morgan Stanley increased their price objective on BCE from C$61.00 to C$62.00 in a research note on Wednesday, May 17th. J P Morgan Chase & Co increased their price objective on BCE from C$64.00 to C$66.00 in a research note on Monday, May 15th. National Bank Financial increased their price objective on BCE from C$59.00 to C$61.00 in a research note on Thursday, April 27th. Citigroup Inc. increased their price objective on BCE from C$63.00 to C$68.00 and gave the stock a buy rating in a research note on Thursday, April 6th. Finally, TD Securities reissued a hold rating and issued a C$59.00 price objective on shares of BCE in a research note on Monday, April 24th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of C$62.14.
BCE (BCE) opened at 58.41 on Thursday. The stock has a market cap of $52.54 billion and a PE ratio of 17.75. BCE has a 1-year low of $56.80 and a 1-year high of $63.40. The stock has a 50 day moving average price of $58.75 and a 200-day moving average price of $59.33.
The business also recently announced a quarterly dividend, which was paid on Saturday, July 15th. Shareholders of record on Saturday, July 15th were given a dividend of $0.7175 per share. The ex-dividend date was Tuesday, June 13th. This represents a $2.87 annualized dividend and a yield of 4.91%.
BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.
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