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.
Investment analysts gave a few price targets for BCE. The highest price target was 52.18, which equates to a potential upside of 11.09 percent. The most pessimistic 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.
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. Meanwhile, fiscal year estimates have been revised upwards by 3.21 percent, compared to last month. 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. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
BCE has an estimated earnings growth rate of 2.23 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. 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. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. BCE has a PEG ratio of 8.43.
BCE has a 52-week high of 49.03 and a 52-week low of 41.83. Today's price is 12.29 percent above the 52-week low, and 4.2 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.