BCE Inc. (BCE), the Technology company was revisited on April 2, and remains undervalued for at least one analyst on the street. Analyst Tim Casey from BMO Capital remains bullish on the stock and has a C$62 price target.
According to TipRanks.com, Casey is a 4-star analyst with an average return of 8.2% and a 76.5% success rate. Casey covers the Services sector, focusing on stocks such as Shaw Communications Inc, The Stars Group Inc, and Cineplex.
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Currently, the analyst consensus on BCE Inc. is a Moderate Buy with an average price target of C$60.50.
The company has a one-year high of C$59.85 and a one-year low of C$50.72. Currently, BCE Inc. has an average volume of 2.05M.
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 segments: Bell Wireless, Bell Wireline and Bell Media.
The company’s shares closed on Friday at C$59.62, close to its 52-week high of C$59.85.
