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BCE (BCE) Stock Forecast & Price Target

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C$33.28 -0.01 (-0.03%)
(As of 12/20/2024 05:17 PM ET)

BCE - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
10
Buy
1

Based on 11 Wall Street analysts who have issued ratings for BCE in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 10 have given a hold rating, and 1 has given a buy rating for BCE.

Consensus Price Target

C$43.38
30.33% Upside
According to the 11 analysts' twelve-month price targets for BCE, the average price target is C$43.38. The highest price target for BCE is C$52.00, while the lowest price target for BCE is C$33.00. The average price target represents a forecasted upside of 30.33% from the current price of C$33.28.
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BCE Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
10 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$43.38C$45.36C$51.17C$58.06
Forecasted Upside30.33% Upside21.72% Upside7.58% Upside12.93% Upside
Consensus Rating
Hold
Hold
Hold
Hold

BCE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BCE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BCE Stock vs. The Competition

TypeBCECommunication Services Companies
Consensus Rating Score
2.09
2.71
Consensus RatingHoldModerate Buy
News Sentiment Rating
Neutral News

See Recent BCE News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024Canaccord Genuity Group
1 of 5 stars
 Lower TargetHoldC$37.50 ➝ C$33.00-1.32%
12/18/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetSector PerformC$45.00 ➝ C$41.00+24.05%
12/3/2024TD Securities
4 of 5 stars
 Lower TargetHoldC$39.00 ➝ C$37.00-3.39%
11/26/2024Scotiabank
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 Lower TargetC$45.00 ➝ C$42.00+12.27%
11/11/2024Barclays
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 Lower TargetC$46.00 ➝ C$41.00+4.97%
11/8/2024JPMorgan Chase & Co.
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 Lower TargetC$47.00 ➝ C$41.00+3.33%
11/5/2024National Bankshares
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 Lower TargetC$48.00 ➝ C$42.00+3.14%
9/30/2024National Bank Financial
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A. Shine
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DowngradeStrong-Buy ➝ Hold
9/19/2024BMO Capital Markets
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 Boost TargetC$48.00 ➝ C$51.00+6.61%
8/2/2024Desjardins
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 Boost TargetHoldC$48.00 ➝ C$51.00+7.89%
8/2/2024Cormark
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 Lower TargetC$53.00 ➝ C$52.00+10.01%
4/23/2024CIBC
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 UpgradeNeutral ➝ Outperform
10/10/2023UBS Group
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 Lower TargetC$65.00 ➝ C$55.00+6.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:53 AM ET.


Should I Buy BCE Stock? BCE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 11, 2024. Please send any questions or comments about these BCE pros and cons to contact@marketbeat.com.

BCE
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in BCE Inc.:

  • BCE Inc. has a current stock price of C$37.46, which is significantly lower than its 52-week high of C$56.18, indicating potential for price recovery and capital appreciation.
  • Recent upgrades from analysts, such as BMO Capital Markets raising their target price to C$51.00, suggest positive sentiment and potential upside for investors.
  • The company operates in a stable industry, providing essential communication services, which can offer consistent revenue streams and lower volatility compared to more cyclical sectors.
  • BCE Inc. has a strong market capitalization of C$34.17 billion, indicating a solid financial foundation and the ability to invest in growth opportunities.
  • The average rating of "Hold" from multiple analysts suggests that while there may be caution, there is also recognition of the company's value, which can be appealing for long-term investors.

BCE
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in BCE Inc. for these reasons:

  • Analysts have recently lowered their price targets, with Scotiabank reducing theirs to C$42.00, indicating a cautious outlook on the stock's near-term performance.
  • The company has a high debt-to-equity ratio of 197.43, which may raise concerns about financial leverage and the ability to manage debt obligations effectively.
  • Recent trading activity shows a decline in stock price, with shares down 0.9% recently, which may indicate weakening investor confidence.
  • With a current ratio of 0.65, BCE Inc. may face challenges in meeting short-term liabilities, suggesting potential liquidity issues.
  • The consensus target price of C$44.86 is only slightly above the current price, indicating limited upside potential in the short term, which may deter aggressive investors.

BCE Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for BCE is C$43.38, with a high forecast of C$52.00 and a low forecast of C$33.00.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BCE in the last twelve months. There are currently 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCE, but not buy additional shares or sell existing shares.

According to analysts, BCE's stock has a predicted upside of 30.33% based on their 12-month stock forecasts.

Over the previous 90 days, BCE's stock had 3 downgrades by analysts.

Analysts like BCE less than other "communication services" companies. The consensus rating for BCE is Hold while the average consensus rating for "communication services" companies is Moderate Buy. Learn more on how BCE compares to other companies.


This page (TSE:BCE) was last updated on 12/21/2024 by MarketBeat.com Staff
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