JPMorgan Chase & Co. Issues Pessimistic Forecast for BCE (TSE:BCE) Stock Price

BCE (TSE:BCE – Get Free Report) (NYSE:BCE) had its target price reduced by equities researchers at JPMorgan Chase & Co. from C$41.00 to C$35.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 1.74% [...]

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BCE ( TSE:BCE – Get Free Report ) (NYSE:BCE) had its target price reduced by equities researchers at JPMorgan Chase & Co. from C$41.00 to C$35.

00 in a research report issued on Thursday, BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock.



JPMorgan Chase & Co. ‘s target price would indicate a potential upside of 1.74% from the company’s previous close.

A number of other equities research analysts also recently issued reports on BCE. Barclays cut their price objective on shares of BCE from C$46.00 to C$41.

00 in a research report on Monday, November 11th. National Bank Financial downgraded shares of BCE from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 30th. Royal Bank of Canada lowered their price objective on BCE from C$45.

00 to C$41.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 18th. Canaccord Genuity Group decreased their target price on BCE from C$41.

00 to C$37.50 in a research note on Friday, November 8th. Finally, Scotiabank dropped their price target on BCE from C$45.

00 to C$42.00 in a research note on Tuesday, November 26th. Ten equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock.

Based on data from MarketBeat, BCE currently has an average rating of “Hold” and an average target price of C$41.88. View Our Latest Analysis on BCE BCE Price Performance 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. Featured Stories 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.

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