On June 2, 2025, BCE (BCE, Financial) received a significant upgrade in its stock rating by Scotiabank analyst Maher Yaghi. The analyst raised the rating from "Sector Perform" to "Sector Outperform," indicating a positive outlook for the company's future performance.
Along with the upgrade, Scotiabank announced a new price target for BCE (BCE, Financial) of CAD 39.00. This newly established price target marks the first issued target by the analyst, as there was no prior target available for comparison.
The upgrade and price target announcement reflect the analyst's confidence in BCE's (BCE, Financial) potential to outperform its sector peers in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for BCE Inc (BCE, Financial) is $25.80 with a high estimate of $33.20 and a low estimate of $21.15. The average target implies an upside of 18.34% from the current price of $21.80. More detailed estimate data can be found on the BCE Inc (BCE) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, BCE Inc's (BCE, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BCE Inc (BCE, Financial) in one year is $37.61, suggesting a upside of 72.52% from the current price of $21.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BCE Inc (BCE) Summary page.
