In a latest note to investors, a research analyst has provided a rating update for the Technology company, BCE Inc. (TSX: BCE). Analyst Tim Casey from BMO Capital remains bullish on the stock and has a C$59 price target.
Casey has an average return of 4.9% when recommending BCE Inc..
According to TipRanks.com, Casey is ranked #1270 out of 4853 analysts.
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BCE Inc. has an analyst consensus of Hold, with a price target consensus of C$59.
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.
