Gabelli reiterated their hold rating on shares of BCE Inc. (TSE:BCE) in a research note released on Thursday.

BCE has been the subject of several other reports. Royal Bank Of Canada restated an outperform rating and set a C$61.00 price objective on shares of BCE in a research report on Thursday, June 9th. Desjardins boosted their target price on shares of BCE from C$64.00 to C$68.00 in a research note on Thursday, August 11th. National Bank Financial boosted their target price on shares of BCE from C$58.50 to C$63.00 in a research note on Tuesday, July 26th. BMO Capital Markets boosted their target price on shares of BCE from C$62.00 to C$65.00 in a research note on Friday, August 5th. Finally, Citigroup Inc. boosted their target price on shares of BCE from C$62.00 to C$63.00 in a research note on Tuesday, July 19th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. BCE has a consensus rating of Buy and an average price target of C$62.15.

BCE (TSE:BCE) opened at 60.31 on Thursday. The stock has a market cap of $52.44 billion and a P/E ratio of 19.07. BCE has a one year low of $52.38 and a one year high of $63.41. The stock’s 50 day moving average price is $61.78 and its 200-day moving average price is $60.47.

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 15th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.6825 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $2.73 dividend on an annualized basis and a yield of 4.53%.

BCE Company Profile

BCE Inc is a communications company. The Company provides residential, business and wholesale customers with a range of solutions to all their communications needs, including wireless, high-speed Internet, Internet protocol television (IPTV) and satellite TV, business Internet protocol (IP) broadband, and information and communications technology (ICT) services.

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