On July 3, 2025, BCE (BCE, Financial) received significant attention from CIBC as the firm reinstated its coverage of the stock. Analyst Stephanie Price announced a new price target, setting it at CAD 33.00. This marks the latest development for BCE, which trades on the Toronto Stock Exchange (TSX).
The current recommendation from CIBC is a "Neutral" rating, as indicated by the analyst's report. It is important to note that the previous rating and price target for BCE were not specified, making this announcement a fresh insight into the stock's potential performance.
As a prominent player in the market, BCE's adjustment in analyst coverage might impact its market perception. Investors will likely monitor further reports and market conditions to evaluate future investment decisions regarding BCE.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for BCE Inc (BCE, Financial) is $25.78 with a high estimate of $33.09 and a low estimate of $21.08. The average target implies an upside of 14.87% from the current price of $22.44. More detailed estimate data can be found on the BCE Inc (BCE) Forecast page.
Based on the consensus recommendation from 12 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 $38.10, suggesting a upside of 69.79% from the current price of $22.44. 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.
