Scotiabank Issues Positive Forecast for BCE (TSE:BCE) Stock Price

BCE (TSE:BCE) (NYSE:BCE) had its price objective increased by Scotiabank from C$39.50 to C$41.00 in a research report sent to investors on Tuesday,BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

Other research analysts have also issued reports about the company. Barclays raised BCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their target price on BCE from C$33.00 to C$37.00 in a report on Friday, February 6th. Royal Bank Of Canada increased their target price on shares of BCE from C$38.00 to C$39.00 and gave the stock an “outperform” rating in a research report on Tuesday. National Bank Financial lifted their price target on shares of BCE from C$38.00 to C$39.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Finally, BMO Capital Markets raised BCE from a “market perform” rating to an “outperform” rating and set a C$37.00 price objective for the company in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, BCE has an average rating of “Moderate Buy” and a consensus target price of C$37.70.

BCE Stock Performance

TSE BCE opened at C$35.63 on Tuesday. The firm has a 50-day moving average of C$34.77 and a 200-day moving average of C$33.34. The company has a debt-to-equity ratio of 179.16, a quick ratio of 0.43 and a current ratio of 0.58. The stock has a market cap of C$33.23 billion, a PE ratio of 5.25, a P/E/G 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.

BCE (TSE:BCE) (NYSE:BCE) last posted its earnings results on Friday, March 6th. The company reported C$0.69 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%. On average, sell-side analysts anticipate that BCE will post 3.1120864 EPS for the current year.

BCE Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders 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 annualized dividend and a yield of 4.9%. BCE’s payout ratio is presently 34.02%.

Key Headlines Impacting BCE

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)

BCE Company Profile

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.