TSE:BCE

BCE Inc. (BCE.TO)

34.49
+0.24 (0.70%)
as of Jun 10, 2026, 8:00:01 pm Market Open.
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Investor Insights
star iconJun 10, 2026, 12:00 am

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

BCE Inc. has faced significant challenges in the telecom sector, particularly amid rising competition and regulatory pressures. Experts note that while the company provides a solid dividend yield, its growth potential appears limited, making it more of a defensive play than a growth stock. The recent dividend cut was a strategic move to allocate resources for expansion, specifically in the U.S. through the acquisition of Ziply. Analysts express mixed feelings about its future, with some believing the stock has potential as it may have seen its lowest point, while others remain skeptical about the company's trajectory. Long-term investors may find some stability in the yield, but overall sentiment reflects caution due to industry pressures and corporate restructuring.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
Telus, T
TOP PICK
Shares have traded down with interest rates rising, as people reduce their exposure to equities. Great recurring revenue business. Stable, well run, blue chip. Sleep at night, hold for a long time. Yield is 5.77%. (Analysts’ price target is $66.42)
HOLD
Metrics to determine if dividend is safe? Telcos have high capex expenses for fibre optic cable, and those are planned for. BCE has a reasonable payout ratio in relation to earnings, so margin of safety built in. Pretty good yield. Good long-term hold.
BUY
BCE vs. RCI.B vs. T 3 great companies. Lots of drama with RCI.B, valuation is the most attractive, you have to buy it. BCE is doing great things, becoming more of a utility over time, sets up well. Telus doing everything right, but high valuation, best executor, but not as much upside. All are buys, in order: RCI.B, BCE, then Telus.
BUY
He added shares over the summer. He wants dividend payers like this. Some argue this is a consumer discretionary stock, but BCE is well diversified. The dividend is safe.
BUY
Telcos are right up there in his dividend strategy. He's been picking away at this one. Don't buy it if you think interest rates will continue higher, but he thinks we're getting to peak hawkishness. Attractive time to buy, as you might get the tailwind of falling rates next few quarters. 5G capex rollout mostly complete.
HOLD
Likes the company as a defensive name in this economic environment. Stable business with strong earnings. Historically has been a good business. Strong dividend that will continue to pay out. Thinks is a good long term investment.
BUY
Stability, fairly good dividend yield. Diversified through media, wireless, TV, and fibre optic. An excellent investment right now.
TOP PICK
Likes the near-6% yield, which is safe and it keeps increasing. They're benefiting from more international travel, given roaming cell revenues. Also, immigration is ramping up in years to come; immigrants will buy cell phones and internet access. BCE is building out its fibre network, targeting 80% of their footprint covered by 2025. Capital spending has ramped up. Once they cover that, they will generate a lot of free cash flow. (Analysts’ price target is $68.46)
BUY
Steady eddy with a beautiful dividend, and his favourite at this time. A good stock to own in this environment. Of the big 3, most evolved in fibre to the home, and they did it when rates were low. Maintenance capex will be pretty light. Could be multiple valuation upgrade.
TOP PICK
We're in a tough environment. He wants big dividends and a stable business. Win by playing defense. 52-week low today. Wireless is performing well, record low churn, roaming is back, fibre journey is more than 50% complete. On cusp of becoming an infrastructure-light, cashflow generator. Yield is 6%. (Analysts’ price target is $68.46)
HOLD
His favourite of the telcos. Likes the cashflow. Highest yield of all the telcos at 5.86%. Growing dividend nicely at a 5% clip over the last 5 years.
HOLD
Big companies don't have much organic growth, so they're all trying to acquire the same assets, thereby bidding up the prices.
TOP PICK
Attractive in current environment. Huge capital outlays for fibre to the home are winding down a bit. History of increasing dividends. Extremely attractive yield of 5.62%. (Analysts’ price target is $68.49)
BUY
It has an extremely good dividend yield and is therefore a good income stock. He pared back a little because of concern over rising interest rates but is adding back now since it is well valued. Also adding to Telus.
BUY
Allan Tong’s Discover Picks BCE, owned by Bell which owns the phone lines that the internet runs on (though everyone ignores this conflict of interest) pays a 5.82% dividend, trades at 19.6x earnings and at a super-low 0.34 beta. BCE stocks, too, are wallowing around 52-week lows of $63, but the stock has beaten or met all of its last four quarters. Read 3 defensive stocks weather uncertain markets for our full analysis.
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