After Scotiabank and Desjardins gave BCE Inc (NYSE: BCE) a Buy rating last month, the company received another Buy, this time from Barclays. Analyst Phillip Huang maintained a Buy rating on BCE Inc yesterday and set a price target of $47. The company’s shares closed yesterday at $40.80.
Huang has an average return of 2.9% when recommending BCE Inc.
According to TipRanks.com, Huang is ranked #392 out of 4908 analysts.
BCE Inc has an analyst consensus of Moderate Buy, with a price target consensus of $53.25, a 30.5% upside from current levels. In a report issued on October 18, Desjardins also upgraded the stock to Buy with a $59.50 price target.
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The company has a one-year high of $49.06 and a one-year low of $38.75. Currently, BCE Inc has an average volume of 817.2K.
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BCE, Inc. is a telecommunications and media company, which engages in the provision of communication services to residential, business, and wholesale customers. It operates through the following business segments: Bell Wireless, Bell Wireline, and Bell Media.
