Investment Analysts’ Recent Ratings Updates for BCE (BCE)

BCE (TSE: BCE) has recently received a number of price target changes and ratings updates:

• 2/7/2025 – BCE was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a C$29.00 price target on the stock, down previously from C$35.00.
• 2/7/2025 – BCE had its price target lowered by analysts at Scotiabank from C$42.00 to C$40.00. They now have a “sector perform” rating on the stock.
• 2/7/2025 – BCE had its price target raised by analysts at Canaccord Genuity Group Inc. from C$33.00 to C$33.50. They now have a “hold” rating on the stock.
• 2/7/2025 – BCE had its price target raised by analysts at TD Securities from C$31.00 to C$33.00. They now have a “hold” rating on the stock.
• 1/30/2025 – BCE was downgraded by analysts at Barclays PLC from an “equal weight” rating to an “underperform” rating. They now have a C$30.00 price target on the stock, down previously from C$41.00.
• 1/30/2025 – BCE had its price target lowered by analysts at TD Securities from C$32.00 to C$31.00. They now have a “hold” rating on the stock.
• 1/21/2025 – BCE was downgraded by analysts at Barclays PLC from a “hold” rating to a “strong sell” rating.
• 1/3/2025 – BCE had its price target lowered by analysts at National Bankshares, Inc. from C$37.00 to C$35.00. They now have a “sector perform” rating on the stock.
• 1/3/2025 – BCE had its price target lowered by analysts at TD Securities from C$37.00 to C$32.00. They now have a “hold” rating on the stock.
• 1/2/2025 – BCE had its price target lowered by analysts at JPMorgan Chase & Co. from C$41.00 to C$35.00. They now have a “neutral” rating on the stock.

BCE Price Performance

Shares of BCE stock traded down C$0.10 on Tuesday, hitting C$34.22. 576,790 shares of the company’s stock were exchanged, compared to its average volume of 3,831,000. The stock’s 50 day moving average is C$33.56. The company has a market capitalization of C$31.00 billion, a PE ratio of 114.80, a P/E/G ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62. BCE Inc. has a 12 month low of C$31.43 and a 12 month high of C$50.76.

BCE Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were issued a $0.9975 dividend. The ex-dividend date was Monday, December 16th. This represents a $3.99 dividend on an annualized basis and a dividend yield of 11.66%. BCE’s dividend payout ratio (DPR) is currently 1,338.57%.

BCE is both a wireless and internet service provider, offering wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrierthe legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provincesOntario and Quebec.