FY2018 Earnings Estimate for BCE Inc. (BCE) Issued By National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Analysts at National Bank Financial upped their FY2018 earnings per share estimates for shares of BCE in a note issued to investors on Tuesday, Zacks Investment Research reports. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $3.56 for the year, up from their prior estimate of $3.55. National Bank Financial currently has a “Outperform” rating and a $64.00 price objective on the stock.

A number of other brokerages have also weighed in on BCE. Scotiabank upped their price target on shares of BCE from C$60.00 to C$61.00 and gave the stock a “sector perform” rating in a research note on Friday, November 3rd. Desjardins upped their price target on shares of BCE from C$65.00 to C$66.00 in a research note on Friday, November 3rd. Barclays PLC upped their price target on shares of BCE from C$64.00 to C$65.00 in a research note on Friday, November 3rd. Royal Bank Of Canada upped their price target on shares of BCE from C$61.00 to C$62.00 and gave the stock a “sector perform” rating in a research note on Friday, November 3rd. Finally, Citigroup Inc. upped their price target on shares of BCE from C$65.00 to C$66.00 in a research note on Friday, November 3rd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of C$62.85.

Shares of BCE (TSE:BCE) opened at C$61.73 on Friday. BCE has a one year low of C$56.92 and a one year high of C$63.00.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 15th will be paid a dividend of $0.717 per share. This represents a $2.87 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend is Thursday, December 14th. BCE’s dividend payout ratio is presently 87.77%.

ILLEGAL ACTIVITY WARNING: This article was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally copied and republished in violation of international copyright and trademark law. The original version of this article can be accessed at https://ledgergazette.com/2017/11/26/fy2018-eps-estimates-for-bce-inc-raised-by-national-bank-financial-bce.html.

BCE Company Profile

BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.

Get a free copy of the Zacks research report on BCE (BCE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for BCE (TSE:BCE)

Receive News & Ratings for BCE Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply