TSE:BCE

BCE Inc. (BCE.TO)

30.55
-1.09 (3.45%)
as of Jun 30, 2026, 8:00:00 pm Market Open.
2005 watching
0
Investor Insights
star iconJul 1, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

BCE Inc. has undergone significant changes recently, including a 56% dividend cut to reinvest in growth, particularly in AI and data centre infrastructure. While the dividend remains appealing for income-focused investors, many analysts express concerns about stock appreciation potential due to intense price competition within the telecom industry and pressures from new entrants like Freedom Mobile and Quebecor. Although BCE is noted as a key player among Canadian telcos, opinions diverge on its growth trajectory, with some seeing potential long-term benefits from its strategic shifts, while others believe the company's core business faces ongoing headwinds. The sentiment towards BCE suggests it is viewed more as a defensive income investment rather than a growth opportunity, leaving investors split on whether it represents a buying opportunity or a risk in the current market environment.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Fair Value
review icon
Similar
RCI.B
DON'T BUY
Every change they make seems to be either spinning or selling off a company that’s growing. Leaves them with an area that is not growing, but actually shrinking.
BUY
Good defensive stock. Likes the moves the CEO is making to turn the company around. The telco trust makes a lot of sense and the balance of the business could easily trade into the low $30's.
DON'T BUY
He has a model price of $24.18 and his model price has come off substantially in the last few months as the new balance sheets come out. 8% negative differential.
DON'T BUY
The problem this company has had all the way through this rally is that they've had virtually zero revenue growth. The wire line phone business has had a difficult time generating a good return.
WATCH
Price to earnings is around 14 and has an excellent yield. Fairly close to buying it. There is some talk about deregulation of cable and telcos which could create a bitter war if it happens.
TOP PICK
4.5% yield. Stock price has gone nowhere for a dozen years. Likes the Aliant Trust with BCE’s rural lines becoming a trust will be a decent investment. Could eventually see it becoming an income trust.
WEAK BUY
Has been going sideways for a while with a little blip up lately. Although there is not a lot of growth, there is value with a 5% dividend. They will be putting their wire lines and Aliant into a trust which will create some value.
TOP PICK
The asset value, if you start adding up all the pieces, should be worth $32 or more. Have been doing the right things by selling things off, merging local lines with Aliant and spinning it off as a trust.
BUY ON WEAKNESS
Won't have a large upside. Could easily get to $30/32 and with a 5% yield, you have a 12/15% annual return. Likes the assets and they can easily be fixed up.
HOLD
When it gets down to this level, it's cheap. The yield is 5% which will hold it in well. Doing all the right things.
DON'T BUY
Spinning off part of their assets into income trusts. Dividend is now almost 5%. He needs a trigger to say what is going to make the stock go up.
WAIT
Could see this drifting off to the $23/24 area. At that point, the yield would be very handsome and could put support under the company. Good defensive qualities.
BUY
Believes in this company. The dividend yield is so rich, 4% after-tax which is equivalent to a bond paying 8.5%. Not much growth. Expects a 15/20% upside in the next six months.
DON'T BUY
The problem they are facing right now is competition. The cable companies are doing a much better job in getting into residences. All you will get is the 5% dividend because the stock price won't go anywhere.
WEAK BUY
4.5/5% dividend yield. Growth outlook is not very good. His outlook is for only a 10% return.
Showing 1,636 to 1,650 of 2,248 entries