BCE (TSE:BCE) Given a C$35.00 Price Target by National Bankshares Analysts

BCE (TSE:BCE - Get Free Report) NYSE: BCE received a C$35.00 target price from analysts at National Bankshares in a research report issued on Friday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' price objective would suggest a potential upside of 18.04% from the stock's current price.

BCE has been the subject of a number of other reports. Desjardins upped their price target on shares of BCE from C$36.00 to C$39.00 and gave the stock a "hold" rating in a research report on Friday, May 9th. Royal Bank of Canada lowered their target price on BCE from C$37.00 to C$35.00 and set a "sector perform" rating for the company in a research note on Friday, May 9th. UBS Group dropped their target price on BCE from C$34.00 to C$32.00 in a report on Wednesday, May 21st. National Bank Financial upgraded BCE from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 3rd. Finally, TD Securities lifted their price objective on shares of BCE from C$31.00 to C$33.00 and gave the company a "hold" rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, BCE presently has an average rating of "Hold" and a consensus target price of C$37.04.

BCE Trading Down 0.7%

BCE stock traded down C$0.22 during trading on Friday, reaching C$29.65. 1,134,962 shares of the stock traded hands, compared to its average volume of 3,871,157. The firm has a market capitalization of C$26.86 billion, a PE ratio of 99.47, a P/E/G ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43. The business's 50 day moving average price is C$30.25 and its 200-day moving average price is C$33.01. BCE has a 52-week low of C$28.73 and a 52-week high of C$49.13.

About BCE

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.

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