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.
Many analysts weighed in on price targets for BCE. The maximum price target given was 52.18, implying a possible profit of 11.09 percent. The lowest price target was 40.2, implying potential capital losses of -14.41 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.3 percent. That number becomes 1.52 percent if we expand the time horizon to include the past 3 months instead of just one. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
BCE has an estimated earnings growth rate of 2.23 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BCE is 8.43.
BCE has a 52-week high of 49.03 and a 52-week low of 41.83. Currently the stock is 12.29 percent higher than its low, and 4.2 percent below the 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 stock has a market capitalization of $42.52 billion. BCE will post this quarters earnings in days, on 0000-00-00.