BCE Inc. (BCE) Receives a Hold from TD Securities


Wall Street analyst has provided a rating update for the Technology company today, while remaining neutral on the stock. TD Securities’ analyst Vince Valentini reiterates their Hold rating on the shares of BCE Inc. (TSX: BCE), with a C$58 price target.

According to TipRanks.com, Valentini is ranked #1600 out of 4839 analysts.

Read also: Tesla (TSLA): A Real Bounceback or a Dead Cat? Top Analyst Weighs in on the Stock

The word on The Street in general, suggests a Hold analyst consensus rating for BCE Inc. with a C$59.17 average price target, which is a 9.2% 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.

.

The company has a one-year high of C$62.90 and a one-year low of C$52.90. Currently, BCE Inc. has an average volume of 1.37M.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts