BCE (BCE) News Today

BCE Inc. (BCE) is trading higher after a wave of analyst upgrades and the company’s new three‑year strategic plan. Volume is above average, suggesting investor attention. Below are the key items likely driving the move.

• Positive Sentiment: Royal Bank of Canada upgraded BCE from "sector perform" to "outperform" and lifted its price target to C$47, signaling a sizable potential upside versus current levels. RBC upgrade
• Positive Sentiment: TD Securities raised its rating from "hold" to "buy" and bumped its target to C$37, reflecting improved analyst conviction and near‑term upside. TD upgrade
• Positive Sentiment: BCE unveiled a three‑year strategic plan focusing on revenue and cash‑flow growth, cost savings and geographic expansion (including Western Canada and U.S. opportunities) — management flagged about US$1.1B in savings and growth levers. That plan supports longer‑term earnings and dividend sustainability. Strategic plan (MarketWatch) (Bloomberg)
• Neutral Sentiment: CIBC raised its price target slightly to C$37 but kept a "neutral" rating — a modest positive on target but less bullish on conviction. CIBC note (MarketBeat)
• Neutral Sentiment: Operational detail: Bell will resell fibre internet in Western Canada — a distribution/retail move that supports the expansion narrative but is incremental to core financials. MSN report