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 most optimistic price target was 52.18, implying a possible profit of 11.09 percent. The minimum price target given was 40.2, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is 1.52 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.21 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of BCE to grow at a rate of 2.23 percent. 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, 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. Today's price is 12.29 percent above the 52-week low, 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.