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.
Several price targets were given for BCE by the analysts covering the stock. The most optimistic price target was 52.18, implying a possible profit of 11.09 percent. The minimum price target given was 40.2, implying a possible loss of -14.41 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.3 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.52 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.21 percent. If we look at the last 90 days instead, we find a net average change of 3.21 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of BCE's earnings is estimated by analysts to be 2.23 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. BCE has a PEG ratio of 8.43.
BCE has traded between a high of 49.03 and a low of 41.83 over the past year. Today's price is 12.29 percent above the 52-week low, and 4.2 percent lower than its 52-week high. BCE has a price/earnings 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 market cap of BCE is $42.52 billion. BCE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.