Impact of Brokerage Rating on BCE, Inc.(BCE)

Many BCE, Inc.(BCE) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. BCE (USA) was Downgraded by RBC Capital Mkts on Jan 9, 2017 to Sector Perform, Lowers Price Target to $ 60 from a previous price target of $61 .

BCE (USA) Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.76 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.78. The company had revenue of $5702.00 million for the quarter, compared to analysts expectations of $5687.22 million. The companys revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.

BCE, Inc. (NYSE:BCE) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.86 by 7 Brokerage Firm. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.

BCE, Inc. (NYSE:BCE): According to 6 Analysts, The short term target price has been estimated at $ 49.25.The target price could deviate by a maximum of $5.51 from the forecast price. In the near term, the target price could hit a high of $60 and a low of $ 45.

BCE, Inc. (NYSE:BCE) witnessed a decline in the market cap on Tuesday as its shares dropped 0.16% or 0.07 points. After the session commenced at $44.49, the stock reached the higher end at $44.5 while it hit a low of $44.14. With the volume soaring to 898,034 shares, the last trade was called at $44.4. The company has a 52-week high of $49.03. The company has a market cap of $38,637 million and there are 870,198,140 shares in outstanding. The 52-week low of the share price is $41.55.

BCE, Inc. is Canadas largest communications company. Through their operations in communications services, they provide residence and business customers in Canada with wireline and wireless communications products and applications, satellite communications and direct-to-home television services, systems integration expertise, electronic commerce solutions, Internet access and high-speed data services, and directories. Their shares are listed in Canada, the United States and Europe. BCE Inc. is headquartered in Montreal, Canada.

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