BCE Inc. (BCE), the Technology company, was revisited by a Wall Street analyst today. The company received a Buy rating from Desjardins’ analyst Maher Yaghi, with a C$66 price target.
According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 8.0% and a 77.2% success rate. Yaghi covers the Technology sector, focusing on stocks such as Rogers Communication, CGI Group, and BCE Inc.
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Currently, the analyst consensus on BCE Inc. is a Moderate Buy with an average price target of C$61.29, which is a 2.7% upside from current levels. In a report issued on April 2, BMO Capital also reiterated a Buy rating on the stock with a C$62 price target.
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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$59.69, close to its 52-week high of C$59.85.