Bell Aliant Given New C$26.00 Price Target at BMO Capital Markets (BA)
Equities research analysts at BMO Capital Markets dropped their price target on shares of Bell Aliant (TSE:BA) from C$28.00 to C$26.00 in a research note issued to investors on Wednesday, AnalystRatingsNetwork reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 1.48% from the stock’s previous close.
Separately, analysts at Canaccord Genuity cut their price target on shares of Bell Aliant from C$27.00 to C$26.00 in a research note to investors on Wednesday, January 29th. They now have a “hold” rating on the stock. Four analysts have rated the stock with a hold rating, Bell Aliant has a consensus rating of “Hold” and a consensus target price of C$26.25.
Bell Aliant (TSE:BA) traded down 2.89% during mid-day trading on Wednesday, hitting $24.88. 1,182,831 shares of the company’s stock traded hands. Bell Aliant has a one year low of $24.92 and a one year high of $29.26. The stock’s 50-day moving average is $26.46 and its 200-day moving average is $26.58. The company has a P/E ratio of 18.57.
Bell Aliant Inc through its subsidiaries is a regional communications service provider. It offers a range of communications, information and entertainment services, including voice, television (TSE:BA) Internet, data, video, wireless, value-added business solutions.
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