BCE (TSE:BCE) Price Target Raised to C$39.00 at Royal Bank Of Canada

BCE (TSE:BCE) (NYSE:BCE) had its price target lifted by Royal Bank Of Canada from C$38.00 to C$39.00 in a report issued on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research firms have also weighed in on BCE. National Bank Financial boosted their price target on shares of BCE from C$38.00 to C$39.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Barclays upgraded BCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. JPMorgan Chase & Co. boosted their price objective on BCE from C$33.00 to C$37.00 in a research note on Friday, February 6th. Scotiabank dropped their target price on BCE from C$40.25 to C$39.50 and set an “outperform” rating for the company in a report on Friday, February 6th. Finally, BMO Capital Markets raised shares of BCE from a “market perform” rating to an “outperform” rating and set a C$37.00 price target on the stock in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$37.70.

BCE Stock Performance

BCE opened at C$35.63 on Tuesday. The company has a market cap of C$33.23 billion, a price-to-earnings ratio of 5.25, a PEG ratio of 4.67 and a beta of 0.38. BCE has a 52-week low of C$28.73 and a 52-week high of C$36.25. The firm’s fifty day simple moving average is C$34.77 and its two-hundred day simple moving average is C$33.34. The company has a quick ratio of 0.43, a current ratio of 0.58 and a debt-to-equity ratio of 179.16.

BCE (TSE:BCE) (NYSE:BCE) last posted its quarterly earnings data on Friday, March 6th. The company reported C$0.69 earnings per share (EPS) for the quarter. The company had revenue of C$6.40 billion for the quarter. BCE had a return on equity of 31.99% and a net margin of 26.40%. Equities analysts anticipate that BCE will post 3.1120864 earnings per share for the current fiscal year.

BCE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th will be issued a dividend of $0.4375 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.75 dividend on an annualized basis and a yield of 4.9%. BCE’s payout ratio is currently 34.02%.

More BCE News

Here are the key news stories impacting BCE this week:

• Positive Sentiment: Independent valuation piece highlights that BCE shares show recent momentum and trade at only a modest discount to fair value, supporting the case for further upside as investors reprice the stock. A Look At BCE Valuation
• Positive Sentiment: TD Securities raised its price target to C$41.00 and maintains a Buy — the move signals confidence in earnings/resilience and adds buy‑side momentum. TD Securities Raise (BayStreet.CA)
• Positive Sentiment: Scotiabank bumped its target to C$41.00 and keeps an Outperform rating, reinforcing the analyst consensus for roughly ~15% upside versus current levels. Scotiabank Raise (BayStreet.CA)
• Positive Sentiment: Desjardins raised its target to C$42.00 and rates the stock Buy, the most bullish of the recent notes and a likely contributor to investor interest. Desjardins Raise (BayStreet.CA)
• Positive Sentiment: RBC raised its target to C$39.00 and keeps an Outperform — an incremental upgrade that adds to the overall positive analyst tone. RBC Raise (BayStreet.CA) RBC Note (TickerReport)
• Negative Sentiment: Balance‑sheet metrics remain a watch item: BCE’s debt‑to‑equity is high (≈179), and current/quick ratios are below 1. Elevated leverage could limit flexibility and is a potential downside risk if macro or interest‑rate conditions worsen. BCE Financials (MarketBeat)

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.