Scotiabank Reiterates “Sector Perform” Rating for Bell Aliant (BA)
Bell Aliant (TSE:BA)‘s stock had its “sector perform” rating reiterated by equities research analysts at Scotiabank in a research note issued to investors on Wednesday, AnalystRatingsNetwork.com reports.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets cut their price target on shares of Bell Aliant from C$28.00 to C$26.00 in a research note to investors on Wednesday. They now have a “market perform” rating on the stock. 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 equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of C$26.33.
Bell Aliant (TSE:BA) traded down 3.24% on Wednesday, hitting $24.79. The stock had a trading volume of 1,475,895 shares. Bell Aliant has a 1-year low of $24.92 and a 1-year high of $29.26. The stock has a 50-day moving average of $26.46 and a 200-day moving average of $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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