Analyst Rating Update on BCE (BCE)

BCE (NYSE:BCE) : Zacks Investment Research ranks BCE (NYSE:BCE) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 3, which indicates as a Hold.

BCE (NYSE:BCE) : 7 Wall Street analysts covering BCE (NYSE:BCE) believe that the average level the stock could reach for the short term is $46.98. The maximum price target given is $56 and the minimum target for short term is around $41, hence the standard deviation is calculated at $4.68.

For the current week, the company shares have a recommendation consensus of Buy.

BCE (NYSE:BCE): stock turned positive on Tuesday. Though the stock opened at $46.21, the bulls momentum made the stock top out at $46.481 level for the day. The stock recorded a low of $46.04 and closed the trading day at $46.26, in the green by 0.41%. The total traded volume for the day was 802,826. The stock had closed at $46.07 in the previous days trading.

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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