BCE Inc. to Post Q3 2016 Earnings of $0.90 Per Share, National Bank Financial Forecasts (BCE)
BCE Inc. (TSE:BCE) – Equities research analysts at National Bank Financial issued their Q3 2016 EPS estimates for shares of BCE in a report released on Thursday. National Bank Financial analyst A. Shine expects that the brokerage will post earnings per share of $0.90 for the quarter.
Several other analysts have also commented on BCE. Desjardins reiterated a “hold” rating and set a C$64.00 price objective on shares of BCE in a report on Friday, August 5th. BMO Capital Markets raised their target price on BCE from C$62.00 to C$65.00 in a research note on Friday, August 5th. Citigroup Inc. raised their target price on BCE from C$62.00 to C$63.00 in a research note on Tuesday, July 19th. Gabelli restated a “hold” rating on shares of BCE in a research note on Thursday, September 15th. Finally, JPMorgan Chase & Co. raised their target price on BCE from C$62.00 to C$66.00 and gave the stock an “overweight” rating in a research note on Friday, August 5th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$62.15.
BCE (TSE:BCE) opened at 59.43 on Monday. The stock has a 50 day moving average price of $60.97 and a 200 day moving average price of $60.63. The stock has a market capitalization of $51.67 billion and a P/E ratio of 18.79. BCE has a 12 month low of $52.38 and a 12 month high of $63.40.
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The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 15th. Stockholders of record on Thursday, September 15th will be given a dividend of $0.6825 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend is Tuesday, September 13th.
BCE Company Profile
BCE Inc is a communications company. The Company provides residential, business and wholesale customers with a range of solutions to all their communications needs, including wireless, high-speed Internet, Internet protocol television (IPTV) and satellite TV, business Internet protocol (IP) broadband, and information and communications technology (ICT) services.
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