Analyst Ratings for BCE Inc. (BCE)Updated: 2017-07-28
Shares of BCE Inc. (NYSE:BCE) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for BCE last month.
Of the 22 analysts covering the stock, 6 gave it a buy rating, 0 gave an overweight rating, 14 issued a hold rating, 1 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
BCE was given price targets by several analysts. The maximum price target given was 52.18, implying potential capital gains of 11.09 percent. The minimum price target given was 40.2, which equates to a potential downside of -14.41 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.3 percent. The average change in earnings estimates over the last 90 days is 1.52 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.21 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.21 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of BCE to grow at a rate of 2.23 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BCE is 8.43.
In the last 52-weeks, BCE has achieved a high of 49.03 and a low of 41.83. The current market price is above the trailing year's low by 12.29 percent, and below the high by 4.2 percent. BCE has a P/E ratio of 18.79. Investors typically compare the P/E ratio to a company's peers in the industry. The BCE value stock report compares BCE to some of its peers using value stock charts. The stock has a market capitalization of $42.52 billion. BCE's next earnings release will be on 0000-00-00, which is days away.