Key Highlights:
- BCE Inc. declares a quarterly dividend of $0.4375 per share, yielding a noteworthy 7.8%.
- Analysts set a one-year price target at an average of $25.86, signaling a potential upside of 16.02%.
- GuruFocus estimates a GF Value of $38.91, indicating a substantial 74.6% upside.
BCE Inc. (BCE, Financial) has pleased its investors by announcing a quarterly dividend of $0.4375 per share. This translates to a forward yield of an impressive 7.8%, underscoring the stock's attractiveness for income-focused investors. The company recently reported its first-quarter non-GAAP earnings per share at $0.69, alongside a robust revenue of $5.93 billion. Such financial results highlight BCE's resilience and operational strength.
Wall Street Analysts Forecast
Wall Street analysts have set a varied range of one-year price targets for BCE Inc. According to assessments from 10 analysts, the average target price is $25.86, with the most optimistic estimate reaching $32.89 and the more conservative estimate at $20.95. This average target suggests a promising upside of 16.02% from the current trading price of $22.29. Investors interested in deeper insights can explore more detailed estimates on the BCE Inc (BCE, Financial) Forecast page.
The consensus from 11 brokerage firms places BCE Inc's average recommendation at 3.3, which corresponds to a "Hold" rating. This recommendation system ranges from 1 (Strong Buy) to 5 (Sell), reflecting investors' cautious stance yet confidence in the stock's stability.
Utilizing GuruFocus metrics, the estimated GF Value for BCE Inc (BCE, Financial) in the coming year stands at $38.91. This metric suggests a remarkable upside of 74.6% from the present price of $22.285. The GF Value is a proprietary metric that provides an estimate of the fair trading value of a stock. It takes into account historical trading multiples, past business growth, and future performance projections. For further information, visit the BCE Inc (BCE) Summary page.
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