BCE Inc. (TSE:BCE) – Analysts at Gabelli issued their FY2019 earnings per share estimates for BCE in a research report issued to clients and investors on Thursday. Gabelli analyst S. Dluzhevskiy forecasts that the firm will post earnings of $3.95 per share for the year. Gabelli currently has a “Hold” rating on the stock.
Several other analysts have also recently commented on BCE. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$61.00 price target on shares of BCE in a research note on Thursday, June 9th. Citigroup Inc. boosted their price target on shares of BCE from C$62.00 to C$63.00 in a research note on Tuesday, July 19th. National Bank Financial boosted their price target on shares of BCE from C$58.50 to C$63.00 in a research note on Tuesday, July 26th. BMO Capital Markets boosted their price target on shares of BCE from C$62.00 to C$65.00 in a research note on Friday, August 5th. Finally, CSFB boosted their price target on shares of BCE from C$56.00 to C$58.00 in a research note on Friday, August 5th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. BCE has a consensus rating of “Buy” and a consensus price target of C$62.15.
BCE (TSE:BCE) traded up 0.67% during mid-day trading on Monday, hitting $60.45. 738,661 shares of the stock were exchanged. The firm has a market capitalization of $52.56 billion and a price-to-earnings ratio of 19.11. BCE has a 52 week low of $52.38 and a 52 week high of $63.41. The company’s 50-day moving average price is $61.82 and its 200 day moving average price is $60.45.
The company also recently declared a quarterly dividend, which will be paid on Saturday, October 15th. Investors of record on Thursday, September 15th will be issued a dividend of $0.6825 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $2.73 annualized dividend and a yield of 4.55%.
BCE Company Profile
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.
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