BCE Inc. (TSX: BCE), the Technology company, has received a rating update from a Wall Street analyst yesterday. Analyst Robert Bek from CIBC reiterated a Hold rating
According to TipRanks.com, Bek is ranked #511 out of 4853 analysts.
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The word on The Street in general, suggests a Hold analyst consensus rating for BCE Inc. with a C$59 average price target, implying an 8.9% upside from current levels. In a report issued on July 24, Canaccord Genuity also maintained a Hold rating on the stock with a C$56 price target.
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BCE Inc.’s market cap is currently C$48.64B and has a P/E ratio of 18. The company has a Price to Book ratio of 3.04.
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.
The company’s shares closed on Thursday at C$54.17, close to its 52-week low of C$52.90.
