BCE Inc. (TSE:BCE) (NYSE:BCE) has been given an average rating of “Hold” by the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$63.08.

BCE has been the subject of a number of research reports. J P Morgan Chase & Co increased their price target on BCE from C$65.00 to C$68.00 in a research note on Monday, November 6th. Citigroup increased their price target on BCE from C$65.00 to C$66.00 in a research note on Friday, November 3rd. Desjardins increased their price target on BCE from C$65.00 to C$66.00 in a research note on Friday, November 3rd. Barclays increased their price target on BCE from C$64.00 to C$65.00 in a research note on Friday, November 3rd. Finally, TD Securities dropped their price target on BCE from C$59.00 to C$58.00 and set a “hold” rating for the company in a research note on Monday, September 25th.

BCE (BCE) traded down C$0.34 during midday trading on Friday, hitting C$61.35. The stock had a trading volume of 4,704,272 shares, compared to its average volume of 1,355,057. BCE has a 1 year low of C$56.95 and a 1 year high of C$63.00.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 15th will be paid a $0.717 dividend. This represents a $2.87 annualized dividend and a dividend yield of 4.67%. The ex-dividend date is Thursday, December 14th. BCE’s payout ratio is 87.77%.

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About BCE

BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.

Analyst Recommendations for BCE (TSE:BCE)

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