Consensus BCE Inc.

Equities

BCE

CA05534B7604

Integrated Telecommunications Services

Real-time Estimate TE Other stock markets 15:59:58 2025-12-15 EST			5-day change	1st Jan Change
32.50 ^CAD	+0.97%		+0.25%	-2.58%

12-11	BCE Upgraded to Outperform at BMO	MT
12-11	BCE Brief: Upgraded to Outperform at BMO Capital Markets On "More Attractive Risk/Reward Profile"	MT

Evolution of the Average Target: BCE Inc.

Evolution of the Target Price: BCE Inc.

Changes in Analyst Recommendations: BCE Inc.

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Analysts' recommendations: BCE Inc.

12-11	BCE Upgraded to Outperform at BMO	MT
12-11	BCE Brief: Upgraded to Outperform at BMO Capital Markets On "More Attractive Risk/Reward Profile"	MT
12-11	BMO Capital Upgrades BCE to Outperform From Market Perform, Price Target is CA$37	MT
12-09	CIBC Sees "Gradual" Improvement For Canadian Telecoms	MT
11-11	Quebecor Price Target Raised to $55 at TD	MT
10-29	BCE Brief: Nominating Director Louis Vachon as Chair, Contingent Upon His Re-election as a Director	MT
10-22	RBC Capital Markets Sees Limited Potential for Meaningful Expansion in Canadian Telecommunications Sector	MT
10-20	Quebecor Price Target Raised to $49 at TD	MT
10-16	BCE Upgraded to Outperform at RBC	MT
10-15	TD Cowen Upgrades BCE to Buy From Hold, Adjusts Price Target to CA$37 From CA$35	MT
10-15	BCE Upgraded to Buy at TD	MT
10-15	CANADA RESEARCH ROUNDUP-Imperial Oil, Nuvista Energy, Tourmaline Oil	RE
10-14	BCE Brief: Says Capital intensity Expected to Decrease to Near 14% by 2028, Supporting Improved Cash Flow and Investment Flexibility	MT
10-14	BCE Brief: Citing Approximately 15% expected CAGR in Free Cash Flow after payment of lease liabilities between 2025 and 2028	MT
10-14	BCE Brief: Outlining Strategic Plan	MT
10-10	BCE Sector-Perform Rating and $35.00 Target Confirmed at RBC Ahead of Investor Day	MT
10-06	UBS Sees Competitive Pressures "Gradually" Easing in Canadian Telcos' Q3 Preview	MT
08-15	BCE Brief: "We See Further Momentum Ahead and Opted To Adjust Some of Our Valuation Metrics To Push Our Target Higher," says National BAnk	MT
08-15	BCE Brief: Keeps Outperform, Target Raised To C$38 From $35 at National Bank Following Valuation Updates	MT
08-15	National Bank Financial Hikes Price Target on BCE to CA$38 From CA$35, Maintains Outperform Rating	MT
08-11	JPMorgan Upgrades BCE to Neutral From Underweight, Adjusts Price Target to CA$33 From CA$29	MT
08-05	BCE Shares Rise After Upgrade From Desjardins	MT
08-05	BCE Upgraded to Buy at Desjardins	MT
08-05	Desjardins Upgrades BCE to Buy From Hold, Adjusts Price Target to CA$40 From CA$39	MT
07-21	BCE Outperform Rating and Target Confirmed at National Bank	MT

More recommendations

Sector Comparison:

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Consensus	Analysts' recommendations evolution (4 months)	Financial estimates divergence	Analysts' Target price divergence	Objective/dr gap
	BCE INC.					+11.8%
	CHINA MOBILE LIMITED					+19.32%
	VERIZON COMMUNICATIONS, INC.					+16.1%
	DEUTSCHE TELEKOM AG					+39.15%
	CHINA TELECOM CORPORATION LIMITED					+30.45%
	NTT, INC.					+14.7%
	AMÉRICA MÓVIL, S.A.B. DE C.V.					+12.56%
	SINGAPORE TELECOMMUNICATIONS LIMITED					+11.42%
	SAUDI TELECOM COMPANY					+12.93%
	EMIRATES TELECOMMUNICATIONS GROUP COMPANY					+8.62%
	Average					+17.71%
	Weighted average by Cap.					+20.42%

See all sector consensus

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

32.62CAD

Average target price

36.47CAD

Spread / Average Target

+11.80%

High Price Target

45.00CAD

Spread / Highest target

+37.95%

Low Price Target

30.00CAD

Spread / Lowest Target

-8.03%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

BMO Capital
RBC Capital Markets
TD Securities
TD Cowen
National Bank Financial
JPMorgan Chase
Desjardins
National Bank
CIBC World Markets
Scotiabank
UBS
Edward Jones
Canaccord Genuity
Argus
Barclays