1 week Ago By Defense World Staff
BCE ( TSE:BCE – Free Report ) (NYSE:BCE) had its target price trimmed by JPMorgan Chase & Co. from C$41.00 to C$35.
00 in a research report sent to investors on Thursday morning, BayStreet.CA reports. The firm currently has a neutral rating on the stock.
Other research analysts have also recently issued research reports about the stock. BMO Capital Markets increased their target price on shares of BCE from C$48.00 to C$51.
00 in a report on Thursday, September 19th. Canaccord Genuity Group lowered their price objective on shares of BCE from C$41.00 to C$37.
50 in a research report on Friday, November 8th. Scotiabank cut their target price on shares of BCE from C$45.00 to C$42.
00 in a research report on Tuesday, November 26th. TD Securities lowered their price target on shares of BCE from C$39.00 to C$37.
00 and set a “hold” rating for the company in a report on Tuesday, December 3rd. Finally, National Bank Financial downgraded BCE from a “strong-buy” rating to a “hold” rating in a report on Monday, September 30th. Ten research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock.
According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$42.88. Get Our Latest Analysis on BCE BCE Trading Up 0.
6 % BCE Cuts Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th will be paid a $0.9975 dividend.
The ex-dividend date of this dividend is Monday, December 16th. This represents a $3.99 annualized dividend and a dividend yield of 11.
90%. BCE’s payout ratio is 185.58%.
BCE Company Profile ( Get Free Report ) BCE Inc, a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.
Further Reading Five stocks we like better than BCE Want to Profit on the Downtrend? Downtrends, Explained. 3 Legacy Tech Companies Reemerging as AI Leaders Are Penny Stocks a Good Fit for Your Portfolio? Analysts’ Favorite Cybersecurity Stocks: 3 Top Picks How to Capture the Benefits of Dividend Increases Analysts Are Bullish: 3 Tech Giants With Upgraded Price Targets Receive News & Ratings for BCE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE and related companies with MarketBeat.com's FREE daily email newsletter .
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