The Globe and Mail reports in its Thursday, Dec. 11, edition that Desjardins Securities analyst Jerome Dubreuil call BCE his "top pick" in telecom stocks. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dubreuil has reaffirmed his "buy" recommendation and $42 share target. Analysts on average target the shares at $36.08. Mr. Dubreuil says in a note: "With a clear corporate strategy, management appears ready to execute on the turnaround. We expect investors' focus will shift to more positive aspects of the story with the increased transparency/visibility, potentially positive EBITDA growth in Canada in 2026, Ziply execution and momentum in B2B (including AI initiatives). We see valuation upside at BCE and believe the name is under-owned, which should become more apparent once tax-loss selling season is over." The Globe reported on Aug. 6 that Mr. Dubreuil had upgraded BCE to "buy" from "hold." It was then worth $32. The Globe reported on Oct. 10 that Mr. Dubreuil had reaffirmed his "buy" recommendation for BCE when the shares were going for $33.46. The Globe reported on Dec. 10 CBC analyst Stephanie Price had upgraded BCE to "outperformer" from "neutral." It was then worth $32.09.
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