The Globe and Mail reports in its Friday edition that the market is underestimating BCE's ($53.22) ability to increase its shareholder returns over time, says Citibank analyst Citibank's Kevin Toomey. The Globe's Darcy Keith, Tim Shufelt and Jody White write in the Eye On Equities column that Mr. Toomey believes BCE's strong commitment to returns could lead to dividend growth above 5 per cent during 2015. The analyst believes solid revenue growth and improved margins should drive above-consensus earnings per share growth over the next two years. Mr. Toomey commenced new coverage on BCE with a "buy" rating and $60 price target. The Street on average targets the shares at $51.08. Desjardins Securities analyst Maher Yaghi rated BCE "buy" in the Eye column on Jan. 7. Mr. Yaghi targeted BCE at $49.50. The shares could then be had for $45.33. Merrill Lynch maintained a "neutral" rating on BCE in the Eye column on July 8. BCE shares could then be had for $48.21. The Globe's David Berman recommended buying BCE as a good "safety" play on Aug. 25. The shares could then be had for $48.60. The Globe's guest columnist Michael Cloherty recommended buying BCE on Sept. 16. The shares were then worth $48.25.