According to The Fly, rBC Capital analyst Drew Mcreynolds maintained a Hold rating on BCE Inc (NYSE: BCE) today. The company’s shares opened today at $40.78.
According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of 5.4% and a 53.2% success rate. Mcreynolds covers the Services sector, focusing on stocks such as Points International, Thomson Reuters Corp, and Torstar Corp.
BCE Inc has an analyst consensus of Moderate Buy, with a price target consensus of $53.25, which is a 30.6% upside from current levels. In a report issued on October 23, TD Securities also reiterated a Hold rating on the stock.
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Based on BCE Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $572 million. In comparison, last year the company had a net profit of $639 million.
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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.
