Analyst Price Target is C$38.77
▲ +28.60% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for BCE in the last 3 months. The average price target is C$38.77, with a high forecast of C$52.00 and a low forecast of C$28.00. The average price target represents a 28.60% upside from the last price of C$30.15.
Current Consensus is
Hold
The current consensus among 11 contributing investment analysts is to hold stock in BCE. This rating changed within the last month from a Reduce consensus rating.
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. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2021, the wireline segment accounted for 54% of total EBITDA, while wireless composed 39%, and media provided the remainder.
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