BCE (TSE:BCE) Given New C$41.00 Price Target at TD Securities

BCE (TSE:BCE) (NYSE:BCE) had its target price hoisted by TD Securities from C$40.00 to C$41.00 in a research note published on Tuesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also weighed in on BCE. Barclays upgraded shares of BCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Desjardins increased their target price on shares of BCE from C$40.00 to C$42.00 and gave the company a “buy” rating in a report on Tuesday. BMO Capital Markets upgraded shares of BCE from a “market perform” rating to an “outperform” rating and set a C$37.00 target price on the stock in a research report on Thursday, December 11th. Scotiabank boosted their price target on shares of BCE from C$39.50 to C$41.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Canadian Imperial Bank of Commerce upgraded shares of BCE from a “neutral” rating to a “sector outperform” rating in a research report on Tuesday, December 9th. One 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 assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$37.70.

BCE Price Performance

Shares of BCE stock opened at C$35.63 on Tuesday. The firm has a market capitalization of C$33.23 billion, a PE ratio of 5.25, a price-to-earnings-growth ratio of 4.67 and a beta of 0.38. The company has a current ratio of 0.58, a quick ratio of 0.43 and a debt-to-equity ratio of 179.16. BCE has a 12 month low of C$28.73 and a 12 month high of C$36.25. The business’s 50-day moving average price is C$34.77 and its 200-day moving average price is C$33.34.

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

BCE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th will be given a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Monday, March 16th. BCE’s dividend payout ratio is presently 34.02%.

Trending Headlines about 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)

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.