BCE (TSE:BCE) Stock Price Expected to Rise, National Bankshares Analyst Says

BCE (TSE:BCE) (NYSE:BCE) had its price target raised by equities researchers at National Bankshares from C$38.00 to C$39.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 13.87% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on BCE. Royal Bank Of Canada upgraded shares of BCE from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$35.00 to C$47.00 in a research report on Wednesday, October 15th. Canadian Imperial Bank of Commerce raised shares of BCE from a “neutral” rating to a “sector outperform” rating in a research note on Tuesday, December 9th. TD Securities dropped their price objective on shares of BCE from C$39.00 to C$38.00 and set a “buy” rating for the company in a report on Friday, November 7th. Desjardins reduced their target price on BCE from C$41.00 to C$40.00 and set a “buy” rating on the stock in a report on Friday. Finally, Barclays upgraded BCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, BCE has an average rating of “Moderate Buy” and a consensus target price of C$37.85.

BCE Price Performance

BCE stock opened at C$34.25 on Friday. The business has a 50 day simple moving average of C$33.04 and a 200 day simple moving average of C$33.07. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43. The company has a market capitalization of C$31.94 billion, a PE ratio of 5.14, a price-to-earnings-growth ratio of 4.67 and a beta of 0.47. BCE has a one year low of C$28.73 and a one year high of C$36.59.

BCE (TSE:BCE) (NYSE:BCE) last released its quarterly earnings data on Thursday, November 6th. The company reported C$0.79 earnings per share (EPS) for the quarter. The firm had revenue of C$6.05 billion during the quarter. BCE had a return on equity of 1.39% and a net margin of 1.10%. On average, sell-side analysts forecast that BCE will post 3.1120864 EPS for the current fiscal year.

More BCE News

Here are the key news stories impacting BCE this week:

• Positive Sentiment: National Bank raised its price target to C$39 and kept an “outperform” rating — a clear buy-side signal that implies meaningful upside from current levels. BayStreet.CA
• Positive Sentiment: JPMorgan lifted its target from C$33 to C$37, signaling improved conviction from a large institutional analyst. BayStreet.CA
• Positive Sentiment: Technical note — shares have crossed above their 200-day moving average, which traders view as a bullish technical development that can attract momentum buyers. AmericanBankingNews
• Neutral Sentiment: Scotiabank trimmed its target slightly to C$39.50 but maintained an “outperform” rating — still positive in absolute terms but a modest pullback from prior optimism. BayStreet.CA
• Neutral Sentiment: Desjardins cut its target to C$40 (from C$41) but left a “buy” call intact; another mixed signal that keeps multi-analyst upside intact despite small haircut. BayStreet.CA TickerReport
• Neutral Sentiment: Coverage of BCE’s Q4 results and CEO comments emphasizes a focus on premium customers and revenue mix — strategically positive for ARPU but potentially limiting market-share gains if competitors cut prices. WTOP – Q4 Snapshot MSN – CEO comments
• Negative Sentiment: An opinion piece warns investors to wait for a specific trigger before buying BCE, which can sap near-term demand from cautious retail/institutional flows. MSN – Opinion

About BCE

Bell Media is Canada’s leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada’s most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada’s cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec’s fast-growing conventional French-language network, Noovo; the country’s leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.