07:23:59 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 870,525,651
Close 2017-01-05 C$ 58.92
Market Cap C$ 51,291,371,357
Recent Sedar Documents

Globe says Canaccord rates BCE, Cogeco, Quebecor "buy"

2017-01-06 06:58 ET - In the News

Also In the News (C-CCA) Cogeco Communications Inc
Also In the News (C-QBR) Quebecor Inc
Also In the News (C-RCI) Rogers Communications Inc
Also In the News (C-SJR) Shaw Communications Inc

The Globe and Mail reports in its Friday, Jan. 6, edition that Canaccord Genuity rates BCE ($58.92) "buy." The Globe's Gillian Livingston writes that Canaccord targets BCE at $64. Analysts Aravinda Galappatthige and Sharath Toopran are cautious on BCE going into 2017 due to tough competitive conditions in wireline. They rate Cogeco Communications "buy" with a price target of $72. The Canccord stockpickers rate Quebecor "buy" with a price target of $42. They rate Rogers Communications Class B stock "hold" with a price target of $58. Regarding Rogers they say in a note: "We believe that it is prudent to remain on the sidelines through this period of leadership transition. In our view, this introduces risks in terms of high level strategy, market approach, executive turnover etc., considering that many of the initiatives launched by Rogers in recent times were originated by previous leadership. Hence investors are better off revisiting RCI post this transition period." They rate Shaw Communications Class B stock "hold" with a price target of $26. "While many view Shaw as the 'Dark Horse' in the sector that can potentially surprise to the upside longer term, we see little reason to jump in the near term."

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